EduFund raises $6 Mn Series A round led by Cercano Management

EduFund, a full-stack education-planning and financing platform, has raised $6 million (Rs 50 crore) in a Series A round led by Cercano Management and MassMutual Ventures, taking its total funding to $12 million. 

The proceeds will be used to roll out an AI-powered personalized planning engine, expand loan access for undergraduate students, and strengthen its presence in tier-II and tier-III cities, where education costs are rising…