Learnfluence Education gets SEBI’s nod for IPO
The company’s proposed IPO consists of a fresh issue of equity shares aggregating up to Rs 246 crore and an OFS of up to 40 lakh equity shares
Learnfluence Education has secured Securities and Exchange Board of India’s (SEBI's) approval to raise funds through initial public offering (IPO). The company’s proposed IPO consists of a fresh issue of equity shares aggregating up to Rs 246 crore and an OFS of up to 40 lakh equity shares.
The company plans to utilise the proceeds for setting up new physical campuses, sales and marketing initiatives, repayment of loans, and lease payments for existing identified long-term campuses.
Learnfluence Education is a leading EdTech conglomerate dedicated to transforming commerce education in India and beyond. It specializes in providing innovative, technology-driven learning solutions through both offline and online coaching that empower aspiring commerce professionals to excel in their careers.
