What does GyanDhan do?
GyanDhan is a New Delhi-based provider of an education financing platform that offers a range of services including scholarship assistance, admission counseling, visa guidance, eligibility checks, EMI calculation, and future earnings estimation. The platform also supports financial transactions with products like US credit cards and forex cards.
How much did they raise?
The company raised INR 50 Crore in a funding round led by Classplus and Pravega Ventures to bolster its platform and service offerings.
What are their plans for the money?
With the new funds, GyanDhan aims to further develop its proprietary SaaS platform, strengthen its partnerships with financial institutions and education consultants, and enhance its digital tools to better support students pursuing education abroad.
What have they achieved so far?
GyanDhan has already established strong industry connections by partnering with over 15 financial institutions, including SBI, ICICI, and Credila, and by collaborating with more than 100 education consultants.