Company Focused Market Research Report: Eduvanz Financing Private Limited

Company Overview

Name: Eduvanz Financing Private Limited
Mission of the Company: Eduvanz was founded with the mission to empower students to make educated and informed decisions by providing free financial resources and unbiased advice.
Founded: 2016
Founders:

• Varun Chopra, Co-Founder & Chief Executive Officer

• Raheel Shah, Co-Founder

• Parth Upadhyay, Co-Founder

Key People in the Company:

• Varun Chopra: Co-Founder & Chief Executive Officer

• Raheel Shah: Co-Founder

• Parth Upadhyay: Co-Founder

• Arvind Sampath: Chief Financial Officer

• Harshvardhan Singh Khangarot: Chief Collections Officer

• Monojit Banerjee: Chief Technology Officer

• Simrata Gujral: Chief Legal & Compliance Officer

• Loveleen Sahrawat: Chief Marketing Officer

• Hanish Dewan: Chief Human Resources Officer

Headquartered: No information is available
Number of Employees: No information is available
Revenue of the Company: No information is available
What is the Company Known For: Eduvanz is well-known for providing the best services for student loans and making education accessible to all by partnering with educational institutions and providing easy loan processes.

Products

What Products Do They Offer:
1. Educational Loans - Eduvanz provides low-interest or zero-interest financing options for students to pursue educational courses at partnered institutions.
2. Skill Development Loans - Loans aimed at helping individuals upgrade their skills through various training programs and institutions.

High-Level Description of the Product: Eduvanz offers loans to students and individuals seeking financial aid for educational and skill development purposes. Their platform ensures a hassle-free, online application process with quick approval times.

Key Features of Each Product:

• Educational Loans:

• Zero percent interest loans

• Instant approval and support

• Loans provided to students seeking skill-based training

• Skill Development Loans:

• Financial aid for training at partnered institutes

• Flexible repayment options

• Focus on enhancing skills for a successful career

Recent Developments

Recent Developments in the Company:

• Eduvanz won the Best FinTech company in Education at the BW Businessworld Awards 2022.

• Eduvanz has been rated by CRISIL Limited and enjoys a BBB- (minus) rating for long-term borrowings.

• They clocked a 300% growth in FY22 and onboarded Oxyzo and Unifi AIF as new lenders.

• Eduvanz raised Rs 50 cr in a debt round as their credit disbursal doubled in FY22.

New Products Launched: No information is available
New Features Added to the Existing Products: No information is available
Any New Partnerships: Eduvanz has developed partnerships with 900+ institutes to offer loans for education and skill development.

Summary

Eduvanz Financing Private Limited stands out as a leading player in the field of educational financing, providing innovative and flexible loan solutions to students and professionals in India. With a strong leadership team and strategic partnerships, Eduvanz continues to focus on democratizing access to quality education, empowering students and professionals through financial solutions catered to their needs. Whether for traditional education or skill enhancement programs, Eduvanz aids its users by eliminating financial barriers and allowing them to pursue their career aspirations seamlessly.