Key Metrics
- No. of Employees271
- Founded Year 2016
- Company StagePrivate Limited Company
- Total Funding₹437.04 Cr
- Industry
- Headquarter
- Company StatusActive
About Eduvanz
Eduvanz provides loans to students to finance their school, coaching and test prep fees. Salaried and self-employed individuals can also seek loans from it to fund their up-skilling expenses.
The startup works with training partners, corporates and certification providers spanning more than 16 industry sectors to increase their enrolments by providing innovative financial solutions to students and skill-seekers.
Eduvanz competes with the likes of Mpower Financing, Credenc, and Propelld.
Business Model
Eduvanz is an education loan startup. It provides loans to students to finance their school, coaching, and test prep fees. Salaried and self-employed individuals can also seek loans from it to fund their up-skilling expenses.
Top Competitors
LF
Leap FinanceU72501KA2019FTC130352
L(
Leo1 (financepeer)U74999MH2017PTC301676
PR
PropelldU74999DL2016PTC290342
KU
KuhooU72900MH2021PTC361444
Eduvanz Funding Details
Funding Highlights
Latest Funding RoundBridge
Total Funding Raised₹437.04 Cr
No. of Investments Made0
Total No. of Acquisitions1
Lead Investors1
Investors
- Peak XV
Funding Details
Funding History
Funding Per Year
Acquisition Company Done
Eduvanz Financial Details
Financial Highlights
FY 2023-24 Revenue₹63.63 Cr
FY 2023-24 Expenses₹104.6 Cr
FY 2023-24 Profit/Loss-₹40.97 Cr
Net Cash Flow From Operations₹59.44 Cr
Full Financial Details
Financial Comparison
Revenue Breakdown
Expense Breakdown
Shareholding Structure
Financial Ratio
Eduvanz Key People
People Metrics
Current Core Team2
Board Members/Directors2
Eduvanz Documents