College education financier GradRight raises Rs.50-Cr led by IvyCap Ventures

Hyderabad-based financier for college education GradRight has raised INR 50 crore in a Series A funding round led by IvyCap Ventures. The funds will be used to enhance the firm's usability for college selection and for financing students. GradRight connects prospective students, universities, and lenders. It was founded in 2019 by Aman Singh and Sasidhar Sista. The platform eliminates intermediaries, and claims to promote transparency and accountability.