We’re an education financing marketplace, currently focused on the Indian study abroad market, which sees an annual spend of $14B. Education financing in India is significantly underserved, and the terms offered are agnostic to student potential. Our unique approach to underwriting takes student background and future earnings into consideration.
To banks, we offer a combination of credit insights, continuous risk monitoring and unique product structuring. This has allowed us to convince two of India’s largest banks – State Bank of India and Axis Bank to originate student loans through GyanDhan. Prior to our launch in Apr 2016, the maximum a student could borrow from an Indian bank without providing collateral was $11K, and secured student loans were capped at $45K. We convinced Axis Bank to offer up to $45K without collateral. The students’ eligibility for this product is defined by our student-level employability insights. Further, we got both our partner banks to increase t...
We’re an education financing marketplace, currently focused on the Indian study abroad market, which sees an annual spend of $14B. Education financing in India is significantly underserved, and the terms offered are agnostic to student potential. Our unique approach to underwriting takes student background and future earnings into consideration.
To banks, we offer a combination of credit insights, continuous risk monitoring and unique product structuring. This has allowed us to convince two of India’s largest banks – State Bank of India and Axis Bank to originate student loans through GyanDhan. Prior to our launch in Apr 2016, the maximum a student could borrow from an Indian bank without providing collateral was $11K, and secured student loans were capped at $45K. We convinced Axis Bank to offer up to $45K without collateral. The students’ eligibility for this product is defined by our student-level employability insights. Further, we got both our partner banks to increase the secured loan cap to $225K.
To students, we offer (A) accessible loans for their studies abroad, (B) data-based admission advice, and (C) scholarship search database. What’s more – all of these services are available at no cost to the students! Students can check their eligibility by filling up our 1.5 minute eligibility form located at www.gyandhan.com/loaneligs . We give them an instant quote, and if they like the offer, we send them an email detailing next steps. To conform to the Indian regulations, the document collection is done manually. Post verification of documents, a formal approval letter is issued. Our lending partners keep these loans on their balance-sheet, and we make an upfront origination fee.

Meritorious students who don’t qualify for other student loan options can find financing at GyanDhan. Those who do qualify for existing loan options will find better terms, and far better customer experience at GyanDhan.

There is a significant gap when it comes to lending options for new immigrant customers in developed countries, and this gap is even more pronounced for students. Our vision is to service this entire credit gap.
More information

Investors

Employees

Aman Jain
Admin
Aman Jain Marketing Operations & Marketing @GyanDhan
Jayant Sharma
Admin
Jayant Sharma Software Engineer
Rachit Jain
Admin
Rachit Jain Data Scientist @GyanDhan

Recommendations

Prithvi Prabhu

I had the pleasure of working with both Ankit & Jainesh at Capital One. Ankit & Jainesh were part of my team managing Small Business Lending (~$3B portfolio, $100MM Revenue). As part of a lean team they had to wear multiple hats - marketing, pricing, credit, & operations - and had to interact with a wide variety of stakeholders - Analysts, Underwriters, Sales associates, etc. Both Ankit & Jainesh were more than up to the challenge, growing their technical, management, & leadership skills significantly over these years. Needless to say, both were extremely hard working & had superb strategy/analytic skills.

I have no doubt of their ability & willingness to drive success with Gyandhan and I wish them all the best!

Prithvi Prabhu

Satyen Kothari

Two passionate and determined founders working on a problem of huge scale and significant social impact for millions of aspiring Indian students - what more do you need in a start up? Am a proud supporter of GyanDhan's mission and I hope more like minded people come together to support and help this company succeed.

India needs many GyanDhans.
Indian students deserve every GyanDhan.