Education Financing Platform GyanDhan Appoints Aman Jain as Co-Founder
Education financing platform GyanDhan has appointed Aman Jain to the position of Co-founder. This promotion recognizes Aman’s early commitment to the company’s mission along with his significant contributions in marketing, brand development, and strategic growth over the years.
Aman joins Ankit Mehra and Jainesh Sinha as GyanDhan’s third co-founder.
Aman became part of GyanDhan before the company initiated its first education loan. He took on responsibilities in marketing and branding, playing a crucial role in establishing the company as a reliable name focused on student needs in education financing. This transformation has shifted a traditionally opaque process into a transparent and empowering experience for numerous students.
Expansion of Responsibilities
In recent years, Jain has broadened his role to include leading strategic partnerships, successfully building GyanDhan’s B2B ecosystem across more than 30 cities. He has also launched a SaaS+ platform that enables study abroad consultants to manage and simplify the loan process for their clients.
Aman Jain, co-founder of GyanDhan, expressed that being named Co-founder is a significant acknowledgment of a journey he has been grateful to embark on from the very start. He mentioned that developing GyanDhan with Ankit and Jainesh is both rewarding and motivational, underpinned by trust, a shared purpose, and true camaraderie. He expressed gratitude for their support throughout the years and looks forward to advancing this mission collectively.
Recent Achievements of GyanDhan
Recently, GyanDhan raised Rs 50 crore (approximately $5.8 million) in a Series A funding round, with contributions from Classplus and Pravega Ventures. The company asserts that it has facilitated over Rs 7,000 crore in loan originations and is targeting to increase this amount to Rs 18,000 crore in the next three years. GyanDhan has experienced rapid growth in recent years, with an operating revenue of Rs 21.4 crore and a profit of Rs 1.36 crore recorded in FY24.