Edtech Startup Kreedo Nets INR 10 Cr Debt To Boost Its Product Offerings
India, Dec. 10 -- Kreedo Early Childhood Solutions, a startup that offers transformation solutions for early learning in schools, has raised INR 10 Cr ($1.2 Mn) in debt funding from Recur Club.
The Bengaluru-based company plans to deploy the fresh proceeds to boost its product offerings and expand operations.
It further said in a statement that the round is structured as a curated debt stack, strategically combining short term and long term debt lines, including both secured and unsecured debt instruments.
"This funding from Recur Club marks a pivotal step in scaling our operations and meeting our working capital needs. We are delighted to collaborate with Recur Club, whose seamless and efficient funding process perfectly aligns with o...
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