Education financing startup GyanDhan has raised Rs 50 crore in funding from edtech firm Classplus and VC fund Pravega Ventures.
The funds will be used for scaling operations, strengthening consultant partnerships, expanding the team, and investing in technology.
GyanDhan offers education financing solutions for Indian students in India and abroad, facilitating education loans worth over Rs 7,000 crore.
The platform plans to broaden its presence in more cities, double its partnered financial institutions, and address the affordability gap in education financing in India.