Hyderabad: Hyderabad headquartered Indian School Finance Company has launched School Rejuvenation Programme across India. The Non-Banking Finance Company’s (NBFC) programme aims to boost learning in schools by aiding digital and physical infrastructure with customised fee financing, special benefits to existing customers, and additional facilities like providing school enterprise resource planning (ERP) solutions and integration with content delivery companies to help schools start its operations.
In the first phase, it intends to target 5,000 schools affiliated with ISFC across 13 States and has developed a tech-enabled ERP system that facilitates end-to-end teacher and salary management. It also equips schools with seamless student lifecycle management, the company said in a statement. The initiative also proposes to help schools in digitising their whole operations. Under the programme, the organisation will offer these tech-enabled software solutions to schools.
ISFC will also provide funds to schools that are planning to strengthen their digital infrastructure with exam management and other digital school management software.
ISFC MD and CEO Sandeep Wirkhare said, “With fee financing, they can not only reduce the debt but also gain immediate liquidity. We intend to equip schools with best financing solutions for physical as well as digital infrastructure development.”
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