Source: Entrackr
GyanDhan, an education financing platform, has elevated Aman Jain to Co-Founder. The promotion shows the critical role Aman has played since the inception of the company and commemorates his contribution in establishing and scaling the business.
Aman is now officially Co-Founder and he joins Ankit Mehra and Jainesh Sinha as the third co-founder of GyanDhan.
The company hired Aman Jain on the eve of completion of disbursing their first education loan. From day one, he worked on marketing and branding and was able to shape GyanDhan into a reliable and student-centric platform in the education loan market. He simplified the processes with which students would apply for loans while providing better transparency, especially for students thinking of studying abroad.
As years passed, Aman’s shouldered assumptions in the company broadened beyond marketing. He experienced the burden of leading some strategic alliances, which has helped grow GyanDhan’s presence to over thirty cities within India. He played a pivotal role launching GyanDhan’s SaaS+ platform, which helps study-abroad consultants to be more organised and speed up their student’s loan application processes.
Speaking about his new position, Aman Jain said, “Being named Co-founder is a deeply meaningful recognition of a journey I’ve been grateful to be part of since the very beginning. Building GyanDhan alongside Ankit and Jainesh has been both fulfilling and inspiring, grounded in trust, shared purpose, and genuine friendship. I’m thankful for their support over the years and look forward to continuing this mission together,”
Significant Growth in Finances
The latest news comes at a time of significant growth for GyanDhan. Recently, GyanDhan raised ₹50 crore (approximately $5.8 million) in a Series A funding round led by Classplus and Pravega Ventures.
GyanDhan has stated that it has facilitated over ₹7,000 crore in education loan origins and is now working to increase that total number to ₹18,000 crore in the next three years. Recently, it has had impressive financial performance; in FY24, GyanDhan had operating revenue of ₹21.4 crore and a net profit of ₹1.36 crore.
About GyanDhan
GyanDhan was founded in an effort to make education financing more accessible. The company aims to assist students in obtaining loans in order to pursue higher studies, particularly overseas. GyanDhan has the ability to provide loan comparisons, digitally process loans, and provide assistance throughout the length of the application process.
Now that Aman Jain is officially a member of the founding team, GyanDhan hopes to bolster its leadership and continue growing its services across India and around the world.
