VC Fund Investments
Education loans provider GyanDhan to raise $6-M from Classplus, Pravega Ventures
GyanDhan , a New Delhi-based education finance platform, is to raise USD 6 million from Pravega Ventures and Classplus with participation from existing investors.Founded in 2015 by Ankit Mehra and Jainesh Sinha, GyanDhan connects students with over 15 banks and NBFCs (non-banking financial companies). It also operates its own NBFC and offers a SaaS platform for overseas education consultants.
Between Nov 2018 and Feb 2020, GyanDhan had raised about USD 1 M from CBA Capital, Gray Matters Capital and others.From the Venture Intelligence Private Company Financials Database For FY24, GyanDhan had reported about INR 22 Cr in Operating Income and about INR 1 Cr in PAT.
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