Private Equity Fund Investments
Educational loans provider Mpower raises $100-M from Tilden Park, King Street Capital, others
Mpower Financing, a Bengaluru- and Washington -based provider of educational loans to international students, has raised USD 100 million in equity financing from Tilden Park Capital Management, King Street Capital Management, Drakes Landing Associates and Pennington Alternative Income Management. The new funding is in addition to the USD 30 million Mpower raised earlier this year from Tilden Park and ETS Strategic Capital. The fresh funds will be used to directly support students, automate and scale operations, and grow the company's team in Bengaluru.
From the Venture Intelligence PE-VC Deal Database: From Oct-16 to Jan-21, Mpower has raised funds from Goldman Sachs, Gray Matters Capital, Zephyr Peacock and others.
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