Ed-Fintech startup Zinc raises $25.5 M from Nexus, others

Zinc , a Bangalore-based edu-fintech startup founded by serial entrepreneur Prashanth Ranganathan, has raised USD 25.5 million in seed funding led by Nexus Venture Partners, with participation from Quona Capital, EDBI, Global Ventures and Saison Capital.Zinc aims to support Indian parents and students in planning for international education by offering financial and counselling solutions. It advises on the best educational institutions abroad and provides financial products to build a dollar-denominated corpus for tuition.Prashanth Ranganathan had previously founded Truvie Security, which was sold to PayPal in 2011, and co-founded SayNow Inc, acquired by Google in 2010. He also co-founded PaySense in 2015, later sold to PayU, after which he joined the company as the CEO of PayU Finance.