Financial planning platform Invest4Edu raised $3 M Seed funding from family offices
Invest4Edu is a platform that provides services for investing, saving, and education planning. Family offices have contributed $3 million of the platform’s seed money.
The money raised will be utilized to expand the company’s operations and strengthen its position in the early education planning and financial assistance sectors.
With regard to long-term payment, college planning, and the escalating expense of education, Invest4Edu seeks to allay common concerns.
Mumbai-based Invest4Edu says it has built over 50,000 user education journeys on the platform in the past year. Through financial services, skill-building initiatives, expert collaborations, and institutional offerings, it has established a network of more than 100 business partners.
The company has trained over 8,000 young people in financial literacy through its youth program, which has also given them the opportunity to create employment opportunities.
A $250 million mutual fund AUM and a $6 million monthly SIP book are among the company’s revenue targets.