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
  • ·         Johnson Pest Solutions provide comprehensiv..
    Locations looking for expansion Haryana
    Establishment year 2015
    Franchising Launch Date 2020
    Investment size Rs. 2lac - 5lac
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Gurgaon Haryana
  • FooDiiSoFT Franchise - Kanishka Consultancy Product for Food Order Management..
    Locations looking for expansion Maharashtra
    Establishment year 2014
    Franchising Launch Date 2020
    Investment size
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type -NA-
    Headquater Mumbai Maharashtra
  • About Us: No Franchise Fees.  Sell our 5 digital marketing softwares..
    Locations looking for expansion Kerala
    Establishment year 2009
    Franchising Launch Date 2018
    Investment size Rs. 10000 - 50000
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Thrissur Kerala
  • JUICE is one of India’s trendiest salon chains with 32..
    Locations looking for expansion Maharashtra
    Establishment year 2000
    Franchising Launch Date 2003
    Investment size Rs. 20lac - 30lac
    Space required 1200
    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