ISFC signs an MoU with Nspira Management Services Pvt. Ltd. to assist students and parents achieve their academic goals
The companies aim to leverage each other’s networks to help students achieve their academic goals
New Delhi: Indian School Finance Company (ISFC), a leading non-banking finance company, has signed an MoU with Nspira, a leading education management and infrastructure service provider for Narayana Educational Institutions. The association intends to create a sustainable environment by leveraging each other’s services and networks to help students and parents achieve their academic goals.
Nspira, anchored by an education conglomerate with four decades of experience, Narayana Group, was founded in 2013 to plan and manage educational institutions globally. Currently, it is one of the leading educational institutions in India and among the top three in the K12 segment. With this partnership, ISFC will provide financial support to Narayana Educational Institutions, employees, students, and parents. Furthermore, the organization will utilize ISFC’s strong network to introduce and promote its educational and digital offerings – nGuide and nDigital.
The revolutionary program, nGuide, is designed for 6th to 12th class students associated with non-Narayana institutions in Tier-2 and beyond cities. On the other hand, the innovative e-learning platform nDigital aims at preparing students for competitive exams like JEE, NEET, etc. Narayana Group aspires to become operational partners of ISFC-affiliated institutes that need financial or management support to sustain and grow.
Speaking about the partnership, Mr. Sandeep Wirkhare, MD & CEO, ISFC, said, “Furthering our vision to transform the education sector in India, we have collaborated with Narayana Group. We will work together to create a robust education ecosystem across India and reach as many institutions and students as possible. Narayana Group can support us by increasing student strength, resulting in the cash flow improvement and reducing the pressure of default rate of ISFC clients.”
“We have an impeccable record of having worked with educational organizations in the country. We have always focused on imparting quality education to the student community across India and are committed to equipping them to perform better. This partnership will further our goal. It will enable us to introduce our digital offerings and establish the brand. We are glad to be associated with ISFC’s passionate team that believes in result-oriented strategies, like us.” Mr. Aravind Reddy, Head of Strategy, Nspira