Auxilo Finserve: Fueling India’s Education Dreams With Smart Financing

Introduction To Auxilo Finserve Private Limited

Auxilo Finserve Private Limited (AFPL) is a systemically important Non-Banking Financial Company headquartered in New Delhi. Founded in 2017 by Mr Akash Bhansali, the company focuses on education-based financing, including Education Loans, Skill Development Loans and Educational Institution Loans. 

In 2018, Balrampur Chini (BSE: BALRAMCHIN) invested in the company with a commitment of INR 175 crore over five years, taking a 50 percent stake. 

Within a short time, Auxilo has built a strong presence through branches across New Delhi, Ahmedabad, Mumbai, Chennai, Pune, Hyderabad and Bengaluru — becoming the third-largest player in education finance by revenue after HDFC Credila and Avanse.

The company has also attracted strong backing from respected global and domestic investors. In July 2024, it raised INR 279 crore in a funding round led by LeapFrog Investments, with participation from Xponentia Opportunities Fund and Trifecta Leaders Fund. This round valued Auxilo at INR 2,100 crore. 

Its equity investors include TATA Capital Growth Fund II, Xponentia Opportunities Fund II, Trifecta Leaders Fund I and ICICI Bank. With deep institutional support, dedicated focus on education finance and fast growth across major cities, Auxilo is helping students and education institutions access reliable financing while building a strong position in India’s expanding education lending market.

Board Of Directors Of Auxilo Finserve Private Limited

Here is a list of the Board of Directors of Auxilo Finserve Private Limited (AFPL), along with their designations:

1. Ms Lavanya Ashok — Director 
2. Shri Perumal R. Srinivasan — Director 
3. Mr Akash Bhanshali — Director 
4. Mr Vivek Saraogi — Director 
5. Mr Manish Chokhani — Director 
6. Mr Gautam Jain — Director
7. Mr Ashwin Jain — Director 
8. Mr C. Ilango — Independent Director
9. Shri Akhil Awasthi — Director 
10. Mr Stewart Langdon — Director 
11. Mr Ishraq Ali Khan — Director 
12. Mr H S Upendra Kamath — Director 

Source: Auxilo¹

Products Offered By Auxilo Finserve Private Limited

1. Education Loans
Auxilo provides student education loans for both domestic (India) and international studies, covering everything from tuition, living expenses, travel, books and other study?related costs. These loans are structured to offer flexible repayment options, moratorium periods during study, and in some cases 100 % funding with minimal margin money. 

2. Skill Development Loans
Auxilo also offers loans targeted at skill development programmes — vocational training, certificates, upskilling courses and other professional improvement programmes. These loans are meant to help students or working professionals acquire new skills, switch careers, or enhance employability, with financing structured to match the shorter-duration and targeted nature of the courses.

3. Education Institution Loans
This product is aimed at educational institutions — schools, colleges, coaching centres, vocational institutes — helping them access financing for infrastructure expansion, equipment/digital upgrades, operations, branch additions and other institutional needs. Auxilo offers both secured and unsecured options, tailored collateral, and relationship-manager support.

Auxilo Finserve Private Ltd. Customer Care

For any queries or support, Auxilo Finserve Private Limited’s customer care team is here to help. You can reach them at 022 6246333 or email : customercare@auxilo.com

Education Financing Solutions By Auxilo

Auxilo Finserve is dedicated to providing end-to-end education financing support for students in India and abroad. The company offers full-cost coverage for tuition, living expenses and other related costs, along with quick sanction processes and flexible repayment options designed around study timelines. By simplifying access to funds and reducing documentation hurdles, Auxilo helps students and families finance higher education and skill development in a smooth and transparent manner.

In addition to student loans, Auxilo also supports schools, colleges and training institutes with institutional loans for infrastructure, expansion and operational needs. This two-sided approach — funding both learners and education providers — helps strengthen the education ecosystem and ensures that financial constraints do not limit learning or institutional growth.

Key Strengths Of Auxilo Finserve Private Limited

Following are the key strengths of Auxilo Finserve Private Limited:

1. Consistent Growth in AUM
Auxilo has grown very fast in the last few years. Since FY’22, its Assets Under Management (AUM) have increased 5.6 times and reached INR 4,339 crore by the end of FY’25. This shows strong demand for the company’s loans and steady expansion of its lending business.

2. Rapid Growth in Profitability
The company has been improving its profits every year. Its Profit After Tax (PAT) margin increased from 12.6 percent in FY’22 to 20.6 percent in FY’25. This means Auxilo is not only growing but also earning better returns from its business.

3. Strong Investor Backing
Auxilo is trusted by well-known investors. The company is backed by reputed private equity and venture capital funds such as TATA Capital Growth Fund II, Xponentia Opportunities Fund II, Trifecta Leaders Fund I, and ICICI Bank. This support adds to the company’s credibility and long-term strength.

4. Strategic Debt Partnerships
The company has strong borrowing relationships with leading banks and NBFCs. Some of its key debt partners include AU Small Finance Bank, Bank of Baroda, Axis Bank, HDFC Bank, A K Capital, Dezerv Securities Pvt Ltd, Aditya Birla Finance Limited and others. These partnerships help Auxilo get stable funding to support its lending activities.

5. Robust Asset Quality
Auxilo has kept its loan quality very strong since the beginning. From FY’22 onwards, both its Gross Non-Performing Assets (GNPA) and Net Non-Performing Assets (NNPA) have stayed low and steady. As of FY’25, the company reported a GNPA of 0.5 percent and NNPA of 0.1 percent, showing disciplined and safe lending practices.

Financial Snapshot Auxilo Finserve Private Limited

Source: Source: audited financials, credit rating reports

To arrange the capital, Auxilo Finserve Private Ltd. also offers corporate bonds. These opportunities from the company are secured and are rated by credit rating agencies. On Grip Invest, investors invested in CREDIT ‘A+’ rated bonds of the company that offered fixed returns of up to 9.75%. To invest in similar, rated, regulated and secured fixed-income opportunities sign-up for Grip Invest today and start earning fixed returns:

References:

1. Auxilo Finserve Private Ltd., accessed from: https://www.auxilo.com/leadership

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