EduFund Secures $6M Series A to Revolutionize Education Financing!

EduFund has raised $6 million in Series A funding led by Cercano Management, with participation from Mass Mutual Ventures.

Founded by Eela Dubey and Arindam Sengupta, EduFund is building an all-in-one education-planning and financing platform for Indian parents, offering goal-based investment portfolios, education loans, visa/forex support, and expert counseling.

The fresh capital will be used to scale AI-driven advisory, broaden loan offerings, and deepen Tier II and III reach.

Backed by a community of 250,000 families, EduFund empowers parents to plan and save for their children's future.

Parents in India already spend about 30% of their earnings on education, highlighting the critical need EduFund addresses.