News on Medial

GyanDhan elevates Aman Jain to co-founder role

Entrackr · 29d ago

Medial

Education financing platform GyanDhan has elevated Aman Jain to the role of Co-founder. This move acknowledges Aman’s early belief in the company’s mission and his pivotal contributions across marketing, brand building, and strategic growth over the years. Aman now joins Ankit Mehra and Jainesh Sinha as the third co-founder of GyanDhan. Aman joined GyanDhan before the company disbursed its first education loan. He took charge of marketing and branding, helping establish it as a trusted and student-centric name in education financing, transforming an opaque process into a transparent and empowering experience for thousands of students. In recent years, Jain has expanded his role to lead strategic partnerships, building GyanDhan’s B2B ecosystem across more than 30 cities and launching a SaaS+ platform that helps study abroad consultants manage and streamline the loan process for their students. “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,” said Aman Jain, co-founder, GyanDhan. Recently, it raised Rs 50 crore (around $5.8 million) in a Series A round from Classplus and Pravega Ventures. The company claims to have enabled over Rs 7,000 crore in loan originations and aims to triple this to Rs 18,000 crore over the next three years. It has seen rapid growth over the past few years. In FY24, the company posted an operating revenue of Rs 21.4 crore along with a profit of Rs 1.36 crore.