India, Sept. 15 -- As the global markets open after the pandemic, more and more Indian students now aim to fulfil their ambitions to study abroad. Global fintech platform Prodigy Finance which offers loans to students wanting to seek higher education in foreign countries has raised $750 Mn funding from CPP Investments. It said that the investment will further help it expand its operation in India where it is witnessing 50% (year-on-year) rise in terms of student applications.

The UK-based finance platform said that millions of Indians go abroad every year for higher education which require a heavy amount of funds for both tuition and living expenses. Founded in 2017, Prodigy Finance claims to offer education loans to Indian students with...