05 Jun 2025
GyanDhan, an education loan platform based in Delhi, has successfully raised its Series A round from edtech company Classplus and venture capital firm Pravega Ventures. The funding will help GyanDhan expand operations into more than 50 Tier II and III cities, aiming to make education loans accessible to a wider student population. The company also plans to double its partnerships with financial institutions, currently numbering 15, and enhance its in-house SaaS platform to speed up and simplify loan processing. Founded in 2015 by IIT alumni Ankit Mehra and Jainesh Sinha, GyanDhan offers free end-to-end support for students applying for domestic and international education loans. So far, it has facilitated loans worth over 7,000 crores and now targets tripling that volume within the next three years. The move is part of a larger trend of integrating financial services into the edtech ecosystem.
