Bottomline: Peak XV-backed Eduvanz's AUM shrinks, asset quality deteriorates
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Bottomline: Peak XV-backed Eduvanz's AUM shrinks, asset quality deteriorates

By Aman Rawat

  • 24 Oct 2024
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Bottomline: Peak XV-backed Eduvanz's AUM shrinks, asset quality deteriorates
Raheel Shah and Varun Chopra, co-founders, Eduvanz

Education-focussed lending startup Eduvanz posted a net loss for the financial year-ended 2024, even as its assets under management (AUM) shrank by a third during the same time, it is learnt. While the non-banking financial company’s (NBFC) topline registered a 21.6% growth in its topline to Rs 63.6 crore in FY24, ......

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