Gray Matters, Caspian sell stakes in Indian School Finance Company

ImpactAlpha, July 6 – The Delhi-based Indian School Finance Company offers loans to Indian educational institutions. The Indian School Finance Company has served more than 4,000 schools, 77% of which are affordable private schools charging less than 1,200 rupees ($18) in fees per student. It was one of the early dedicated lenders for low-cost private schools–a space that has since seen the emergence of other players, like Varthana. As of March, its loan book amounted to 5.2 billion rupees ($76 million).

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