<ul><li>New Delhi-based education financing startup GyanDhan has raised Rs 50 crore in funding from Classplus and Pravega Ventures to expand its reach in tier II and III cities.</li><li>GyanDhan aims to strengthen its credit infrastructure amidst challenges in the study abroad sector due to factors like currency fluctuations and visa restrictions.</li><li>The startup, founded in 2016 by IIT alumni, offers a loan marketplace and direct lending services through its NBFC arm, facilitating over Rs 7,000 crore in education loans.</li><li>GyanDhan plans to use the funding to enhance technology, expand regional presence, engage in financial literacy programs, and grow its partnerships with banks and NBFCs.</li></ul>

New Delhi-based education financing startup GyanDhan raises Rs 50 crore in funding

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