Hotline: 1800 102 2007
Hotline: 1800 102 2007
Jun, 05 2017

Sundaram Finance Group invests an undisclosed amount in Gyandhan

Gyandhan helped over 250 students get education loans of around Rs 60 crore

Sundaram Finance Group invests an undisclosed amount in Gyandhan

Gyandhan, an education financing startup, has raised an undisclosed amount from Sundaram Finance Group.

Delhi-based GyanDhan is an online marketplace for education loans for students aspiring to pursue studies abroad. Founded by two IIT alumni, the startup helped over 250 students get education loans of around Rs 60 crore.

T T Srinivasaraghavan, Managing Director, Sundaram Finance, said, The group is looking to make investments as opportunities arise. The aim is to associate with firms where there is synergy with group strategy."

The investments will be minority stakes in early stage ventures with ticket sizes of $1 million or less, through larger investments will be made where warranted.

Harsha Viji, Deputy Managing Director, Sundaram Finance, said, "The company is already engaging with multiple start-ups with various types of engagement models including operational, financing and also equity investments where it make sense."

Vij added, "The group is also looking to co-invest with like-mided venture capitalists and angel investors in this space."

Ankit Mehra, Co-founder, GyanDhan, said, "We are delighted that Sundaram Finance has shown confidence in us, and will help us grow as a responsible financial services business." 

sharebtn
Comment
user
email
mobile
address
star
Related opportunities
  • About Us: Hollywood’s Pizza & Grill is an upmarket casual dining..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2019
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Builder & Construction Hardware
    Millor Chemicals Private Limited is leading brand in the field..
    Locations looking for expansion Delhi
    Establishment year 2019
    Franchising Launch Date 2020
    Investment size
    Space required 500
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater New delhi Delhi
  • Imperial Water will leave you feeling revitalized. It’s an all-natural,..
    Locations looking for expansion Haryana
    Establishment year 2018
    Franchising Launch Date 2020
    Investment size Rs. 30lac - 50lac
    Space required 15000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Faridabad Haryana
  • Quick Service Restaurants
    BUILDING INDIAS LARGEST CLOUD KITCHEN PLATFORM WITH KEY CUISINE CATEGORIES..
    Locations looking for expansion Maharashtra
    Establishment year 2019
    Franchising Launch Date 2020
    Investment size Rs. 20lac - 30lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities