Eduvanz Financing Overview
- Year Founded
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2016
- Status
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Private
- Employees
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269
- Latest Deal Type
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Series B1
- Latest Deal Amount
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$12.7M
- Investors
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13
Eduvanz Financing General Information
Description
Developer of an education loan platform designed for students seeking financial assistance. The company's platform collaborates with various educational institutes to offer unsecured loan products that can be availed through a quick and easy online process, providing pupils and academic aspirants with transparent and secure financial assistance to make education universally accessible.
Contact Information
Website
www.eduvanz.comCorporate Office
- B/202, Times Square Building, Opposite Mittal Industrial Estate
- Andheri Kurla Road, Andheri East
- Mumbai, Maharashtra 400059
- India
Corporate Office
- B/202, Times Square Building, Opposite Mittal Industrial Estate
- Andheri Kurla Road, Andheri East
- Mumbai, Maharashtra 400059
- India
Eduvanz Financing Timeline
Eduvanz Financing Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
13. Later Stage VC (Series B1) | 27-Dec-2022 | $12.7M | Completed | Generating Revenue | ||
12. Secondary Transaction - Private | Completed | Generating Revenue | ||||
11. Debt - General | 27-Apr-2022 | Completed | Generating Revenue | |||
10. Later Stage VC (Series B) | 24-Aug-2021 | Completed | Generating Revenue | |||
9. Debt - General | 09-Feb-2021 | Completed | Generating Revenue | |||
8. Early Stage VC (Series A) | 05-Aug-2020 | Completed | Generating Revenue | |||
7. Early Stage VC (Series A) | 11-Apr-2019 | Cancelled | Generating Revenue | |||
6. Seed Round | 11-Apr-2019 | Completed | Generating Revenue | |||
5. Accelerator/Incubator | 14-Aug-2018 | $1.23M | Completed | Generating Revenue | ||
4. Seed Round | 12-Feb-2018 | $749K | $1.23M | Completed | Generating Revenue |
Eduvanz Financing Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Preference | ||||||||
Ordinary | ||||||||
Preference | ||||||||
Preference | ||||||||
Preference | ||||||||
Preference | ||||||||
Ordinary | 30,810 | $0.121538 | $8.87 | $8.87 | 1x | $8.87 | 7.59% | |
Ordinary | 17,380 | $0.121538 | $5.92 | $5.92 | 1x | $5.92 | 4.28% |
VC Exit Predictor
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Eduvanz Financing Comparisons
Industry
Financing
Details
Eduvanz Financing Competitors (20)
One of Eduvanz Financing’s 20 competitors is LeapFinance, a Venture Capital-Backed company based in Bengaluru, India.
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
LeapFinance | Venture Capital-Backed | Bengaluru, India | ||||
Propelld | Venture Capital-Backed | Bangalore, India | ||||
KoinWorks | Venture Capital-Backed | South Jakarta, Indonesia | ||||
GrayQuest | Venture Capital-Backed | Mumbai, India | ||||
Cicil | Venture Capital-Backed | Jakarta, Indonesia |
Eduvanz Financing Signals
Eduvanz Financing Investors (13)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
Pivot Ventures | Venture Capital | Minority | ||
Rethink Capital Partners | Asset Manager | Minority | ||
Juvo Ventures | Venture Capital | Minority | ||
Orchard Ventures | Family Office | Minority | ||
Peak XV Partners | Venture Capital | Minority |
Eduvanz Financing Acquisitions (1)
Eduvanz Financing’s most recent deal was a Merger/Acquisition with Klarity (Educational and Training Services). The deal was made on 19-Nov-2020.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Klarity (Educational and Training Services) | 19-Nov-2020 | Merger/Acquisition | Educational and Training Services (B2C) |
Eduvanz Financing FAQs
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When was Eduvanz Financing founded?
Eduvanz Financing was founded in 2016.
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Where is Eduvanz Financing headquartered?
Eduvanz Financing is headquartered in Mumbai, India.
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What is the size of Eduvanz Financing?
Eduvanz Financing has 269 total employees.
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What industry is Eduvanz Financing in?
Eduvanz Financing’s primary industry is Consumer Finance.
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Is Eduvanz Financing a private or public company?
Eduvanz Financing is a Private company.
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What is the current valuation of Eduvanz Financing?
The current valuation of Eduvanz Financing is
. -
What is Eduvanz Financing’s current revenue?
The current revenue for Eduvanz Financing is
. -
How much funding has Eduvanz Financing raised over time?
Eduvanz Financing has raised $51.2M.
-
Who are Eduvanz Financing’s investors?
Pivot Ventures, Rethink Capital Partners, Juvo Ventures, Orchard Ventures, and Peak XV Partners are 5 of 13 investors who have invested in Eduvanz Financing.
-
Who are Eduvanz Financing’s competitors?
LeapFinance, Propelld, KoinWorks, GrayQuest, and Cicil are some of the 20 competitors of Eduvanz Financing.
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