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Media Releases

Empowering India’s Workforce: FinX Raises $6M from Elevar Equity to revolutionise employability in the BFSI Industry

Mumbai, 12th December, 2024

FinX, an integrated skilling platform dedicated to bridging the gap between formal education and employability in India’s BFSI (Banking, Financial Services, and Insurance) sector, has raised USD 6 million in seed funding from Elevar Equity.

Skilling platform FinX mops up $6 million in round led by Elevar Equity

Mumbai, 12th December, 2024 / The Economic Times

The funds will be used to expand its geographical reach, increase its product offerings and diversify into IT training.

Founded in 2019, the edtech platform offers vocational courses in the banking, financial services, and insurance (BFSI) domain to help students become job-ready. It currently has a team of over 80 associates and a network of more than 1,000 freelance trainers.

FinX Bags $6 Mn To Offer BFSI-Centred Upskilling Courses

Mumbai, 12th December, 2024 / Inc42

Skilling platform FinX has raised $6 Mn (INR 50 Cr) in its seed funding round from impact investment firm Elevar Equity.

The Mumbai-based startup plans to use the fresh capital to establish 30 branches pan-India and bolster its education and employment exchange platform.

BFSI skilling platform FinX raises $6M in seed funding from Elevar Equity

Mumbai, 12th December, 2024 / Your Story

FinX, an integrated skilling platform dedicated to bridging the gap between formal education and employability in India’s BFSI (Banking, Financial Services, and Insurance) sector, has raised USD 6 million in seed funding from Elevar Equity.

FinX secures $6M seed funding to boost BFSI employability

Mumbai, 12th December, 2024 / Adgully

FinX, a skilling platform focused on the Banking, Financial Services, and Insurance (BFSI) sector has raised $6 million in seed funding from impact investor Elevar Equity.

The fresh capital will be used to extend FinX’s geographical reach, enhance its technology platform, and diversify its offerings to include IT-focused training.

CIEL Partners with Cohen Brown to Transform BFSI Training in India with Cutting-Edge Skill and Behaviour Solutions

Mumbai, July 2023

Centre For Investment Education & Learning Pvt Ltd (CIEL), Partners with Cohen Brown Management Group (CBMG) Exclusively in India to Revolutionise BFSI Industry Training With Skill-Based and Behaviour Embedding Solutions.

Mirae Asset Foundation and FINX Offer 100 Percent Scholarships to 300 Students to Promote Employability in BFSI Sector

Mumbai, March 30, 2022 / CSR Mandate

Mirae Asset Foundation which has been focusing on educational development in India has joined hands with FINX (ID Finxpert Skilling Foundation) to impart quality education and training to students and make them job-ready to be absorbed by BFSI sector companies.

Fintso partners with FinX to support Financial Entrepreneurship ambitions of students

Mumbai, February 2022

Fintso, a B2B2C fintech platform has partnered with FinX, a leading BFSI focussed ed- tech firm to address the increasing need for better access, awareness & quality investment guidance for every Indian.

Mirae Asset Foundation Collaborates with Finx To promote Employability in BFSI Sector

Mumbai, September 2021

These Students Will Be Trained for Entry-Level Roles in Banking, Financial Services, Insurance & Allied Industries. They Will Also Be Trained on NISM Certifications & Will Have an Option to Start Their Own Business as Financial Entrepreneurs.

Aatmanirbhar Bharat: AMCs join hands to build 5,000 financial entrepreneurs in 3 years

Mumbai, April 2021

In line with Prime Minister Narendra Modi’s vision for AatmaNirbhar Bharat (self-reliant nation), Asset Management Companies, NSE and CIEL have joined hands to build 5,000 financial entrepreneurs in the next 3 years End-to-end support for students, retired persons, homemakers, insurance agents, who want to become independent financial distributors.

FIDC and FinX Partner to Drive Skilling and Capacity Building for Sustainable Growth in the NBFC Sector

Mumbai, January 2020

Finance Industry Development Council (“FIDC”) And FinX (Av Financial Expert Network Pvt. Ltd.) Signed A Memorandum of Cooperation (MoC) On 18th December 2019 to Collaborate On An Initiative To Engage In The Implementation Of Collaborative Skilling/Up Skilling/ Capacity Building Programs For Sustainable And Profitable Growth Of The NB Sector.

FinX (AV Financial Expert Network Pvt. Ltd.) has acquired a controlling stake in CIEL (Centre for Investment Education and Learning Pvt Ltd).

Mumbai, November 2019

FinX (AV Financial Expert Network Pvt. Ltd.) has acquired a controlling stake in CIEL (Centre for Investment Education and Learning Pvt Ltd). This acquisition will bring together the talents from both organisations to create a universal learning and skilling platform for the Banking Financial Services and Insurance Sector.

New entrant Finx acquires seasoned CIEL

November 19, 2019 / Money Control

With the aim of spreading financial education among college students and at the same time equipping the existing sales force in the financial services industry, FinX has acquired a majority stake in Centre of Investment Education and Learning (CIEL).

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