iNurture raised Rs 10 cr in debt from BlackSoil

Edtech startup iNurture Education Solutions raised Rs 10 crore in debt funding from BlackSoil.The startup said it will use the funds to accelerate its digital higher education platform and meet its working capital requirements.

iNurture provides industry relevant graduation and postgraduation degree programmes in partnership with industry and recognised universities in India. The company has partnered with over 35 universities across India, delivers over 50 programmes on campus, and has 10,000+ students enrolled in these courses.

Ashwin Ajila, Founder and Managing Director, iNurture, said, “The COVID-19 crisis presents an enormous opportunity for us to support our partners and engage with undergraduate and postgraduate students digitally, and make them career ready, even within the confines of their homes. We are currently in the process of raising an investment round of over $100 million, which we hope to close by the end of the year.”

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