Education financing startup GyanDhan raises Rs 50 crore from edtech firm Classplus, VC fund Pravega Ventures

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Here’s the summarized information from the article regarding GyanDhan:

Startup

  • Name: GyanDhan

Founders

  • Ankit Mehra (Co-founder & CEO)
  • Jainesh Sinha (Co-founder)

Funds

  • Amount Raised: Rs 50 crore

Investors

  • Classplus (Edtech firm)
  • Pravega Ventures (Venture capital firm)

Fundraise Series

  • Information about the specific series (e.g., Seed, Series A, etc.) is not provided in the article.

Date of Fundraising

  • The exact date of the fundraising round is not mentioned in the excerpt provided.

Purpose of Funds

  • Scaling operations
  • Strengthening consultant partnership network
  • Expanding the team
  • Investing in technology

Context

  • GyanDhan focuses on education financing solutions for Indian students and has facilitated education loans worth over Rs 7,000 crore, operating with a hybrid model combining a marketplace with lending through its own NBFC arm.

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2025-06-03 16:59:00