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Kuhoo raises $20 Mn from WestBridge

Education focused fintech startup Kuhoo has raised $20 million in a seed round from WestBridge Capital.

With the fundraise, the startup is now looking to partner with banks and non-banking finance institutions (NBFCs) along with top colleges in India to provide credit to students.

Founded by Prashant A. Bhonsle, Kuhoo provides digital loans to students applying to universities in India and abroad.

The Mumbai-based startup currently focuses on providing loans for higher education courses, including engineering, business administration, executive education, online courses, among others.

Kuhoo competes with Propelld, which also focuses on providing education loans to individuals, and Sequoia-backed Eduvanz, which lends to individuals looking to reskill and upskill themselves.

Propelld raised $35 million in its Series B round led by WestBridge Capital in February.

Kuhoo jas also joined the likes of 10Club, Acko, CRED, INDmoney and Jupiter which also raised $20 million or more in their seed round.

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