CosmicTaco

Edu-Wealth Startup Zinc Raises $25.5M in Seed Funding

CosmicTaco · 2024-10-29T10:57:48.351978+05:30

- Zinc, an 'edu-wealth' startup founded by Prashanth Ranganathan, has raised $25.5M in seed funding. - The funding round was led by Nexus Venture Partners and saw participation from Quona Capital, EDBI, Global Ventures, and Saison Capital. - Zinc aims to counsel students for overseas education and provide their families with investment tools to meet the rising costs. - The startup has launched a product suite called 'Zinc Honors' which leverages AI to provide guidance to aspiring students. - Zinc has obtained the Registered Investment Advisor (RIA) licence from SEBI and is awaiting approval to operate as a payment service provider. Source: [Inc42](https://inc42.com/buzz/paysense-cofounders-new-startup-bags-25-5-mn-in-seed-funding/)

Zinc, an 'edu-wealth' startup founded by Prashanth Ranganathan, has raised $25.5M in seed funding.
The funding round was led by Nexus Venture Partners and saw participation from Quona Capital, EDBI, Global Ventures, and Saison Capital.
Zinc aims to counsel students for overseas education and provide their families with investment tools to meet the rising costs.
The startup has launched a product suite called 'Zinc Honors' which leverages AI to provide guidance to aspiring students.
Zinc has obtained the Registered Investment Advisor (RIA) licence from SEBI and is awaiting approval to operate as a payment service provider.

Source: Inc42