Kuhoo, a new age student loan platform, and FundsIndia, one of India's largest mutual funds distributors, have announced a strategic collaboration to provide comprehensive financial solutions to Indian students. This partnership aims to help students achieve their educational aspirations with ease and confidence by seamlessly integrating investment and loan services.
Through this collaboration, Kuhoo will leverage its expertise in student loans, advanced technology, and analytics capabilities to offer tailored loan solutions that cater to the unique requirements of students. By partnering with FundsIndia, Kuhoo will provide students and their families with seamless access to both loan and investment services, ensuring that financial constraints do not hinder educational aspirations.
A key advantage of this collaboration is the integrated financial services platform it offers. With a single student loan application through Kuhoo, students and their families can access the best products from over 10 banks and NBFCs, ensuring a wide selection of options and competitive terms. Additionally, they can explore FundsIndia's extensive portfolio of mutual funds, enabling them to invest wisely and potentially grow their savings for a better financial future.
Kuhoo recognizes the importance of financial literacy and plans to collaborate with FundsIndia on initiatives such as workshops, webinars, and digital content to educate students about financial planning and investment strategies. By responsibly managing their student loans through Kuhoo, students can build a positive credit history early on, setting a strong foundation for their future financial well-being.
The partnership also offers benefits for Independent Financial Advisors (IFAs) associated with FundsIndia. They will now have an additional product to offer their clients, further enhancing their service portfolio and providing more comprehensive financial planning solutions.
Speaking on the collaboration, Prashant A Bhonsle, Founder & CEO of Kuhoo, said, “Our partnership with FundsIndia is a significant step towards providing opportunities to talented Indian students to take responsibility for their own education without burdening their parents. This way, students can become Aatmanirbhar (self-reliant) even before they start working and preserve their parents' wealth, which can be invested for a better quality of life post-retirement. With this collaboration, we aim to offer seamless access to both investment and loan services, ensuring that financial constraints do not hinder educational aspirations.”
Manish Gadhvi, CEO of FundsIndia Partner, added, “We are excited to partner with Kuhoo, a new age platform in the student loan sector. This collaboration aligns with our mission to empower individuals with smart financial solutions. By combining our strengths, we aim not only to support students in their educational journey and help them choose the university, and/or college of their choice but also assist their parents in managing their savings for their own future through intelligent investments.”
Kuhoo's mission is to make quality education accessible and affordable for all Indian students. By combining its strengths with FundsIndia, Kuhoo aims to offer seamless access to both investment and loan services, ensuring that financial constraints do not hinder educational aspirations. This collaboration represents a significant milestone in Kuhoo's journey towards empowering the next generation of leaders. |
