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Invest4Edu raises $3 Mn in seed round from family offices

Entrackr · 2m

Invest4Edu, a platform which offers education planning, saving and investment services, has raised $3 million in its seed funding from family offices. The proceeds will be used to ramp up growth and deepen the firm’s impact in the early education planning and financial support domains. Founded by Peeyush Agrawal, Invest4Edu aims to address common anxieties around the rising cost of education, college planning, and long-term payment. Based in Mumbai, Invest4Eduhas claims to have created more than 50,000 user education journeys on the platform within the last year. It has built a network of over 100 business partners across financial services, skill building programs, expert collaborations, and institutional offerings. Through its financial literacy program for youth, the company has trained more than 8,000 young minds on financial literacy, and enabled them to generate work opportunities. The company’s revenue goals include building a $250 million mutual fund AUM and a monthly SIP book of $6 million.