India’s first education financing marketplace, GyanDhan is on a mission to equalize and expand access to education. Providing end-to-end education loan assistance, GyanDhan is a digital-first company that seeks to revolutionize education financing in India.
GyanDhan was started in 2016 by two IIT alumni- Ankit Mehra and Jainesh Sinha, who had worked previously at CapitalOne, USA. Since its inception, GyanDhan has disbursed over INR 1000 crore in study abroad loans to more than 3500 students in India. The company has partnerships with leading financial players in India including the State Bank of India, Bank of Baroda, Axis Bank, and ICICI Bank.
GyanDhan has increased the loan approval rate by 2.5 times by leveraging its partnerships, cutting-edge technology, and a host of data points to gauge the probability of loan approval.
Currently, GyanDhan is backed by investors including ECF (Education Catalyst Fund), Indian Chapters of Stanford Angels & Harvard Angels, and other angel investors including Pravin Gandhi.