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
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Acquisition Company Done
Detailed report about the Acquistions the company has done till date.
₹499.00 ₹998.00
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
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
Eduvanz Key People
People Metrics
Current Core Team2
Board Members/Directors2

Core Team

VC
Varun ChopraCo-Founder & CEO
RS
Raheel ShahCo-Founder

Board Members/Directors

VC
Varun ChopraDirector
RC
Raheel Chetan ShahDirector
Eduvanz Documents

AY - 2018-19

Profit and Loss statement - Eduvanz - 2018-19.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Eduvanz for FY 2018-19.
₹249.00 ₹498.00
Balance Sheet - Eduvanz - 2018-19.pdf
TheKredible's experts has summarized the Balance Sheet of Eduvanz for FY 2018-19.
₹249.00 ₹498.00

AY - 2019-20

Profit and Loss statement - Eduvanz - 2019-20.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Eduvanz for FY 2019-20.
₹249.00 ₹498.00
Balance Sheet - Eduvanz - 2019-20.pdf
TheKredible's experts has summarized the Balance Sheet of Eduvanz for FY 2019-20.
₹249.00 ₹498.00

AY - 2020-21

Profit and Loss statement - Eduvanz - 2020-21.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Eduvanz for FY 2020-21.
₹249.00 ₹498.00
Balance Sheet - Eduvanz - 2020-21.pdf
TheKredible's experts has summarized the Balance Sheet of Eduvanz for FY 2020-21.
₹249.00 ₹498.00

AY - 2021-22

Profit and Loss statement - Eduvanz - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Eduvanz for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - Eduvanz - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of Eduvanz for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and Loss statement - Eduvanz - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Eduvanz for FY 2022-23.
₹249.00 ₹498.00
Balance Sheet - Eduvanz - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of Eduvanz for FY 2022-23.
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - Eduvanz - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of Eduvanz for FY 2023-24
₹249.00 ₹498.00
Balance sheet - Eduvanz - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of Eduvanz for FY 2023-24
₹249.00 ₹498.00

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