MT Educare has reportedly raised Rs 110 crore in structured debt from non-banking financial company (NBFC) Xander Finance. The company will use the funds to refinance existing loans and fund expansion.
MT Educare is an education service company providing education support and coaching services. The company operates through conducting commercial training, coaching, tutorial classes and activities incidental and ancillary segment. Its business segments include School Section, Science Section, Commerce Section/University etc.