Eduvanz
- Company typePrivate
- Founded2016
- HeadquartersMumbai, India
- Headcount101–250
- GTM typeB2C
- OfferingServices
Eduvanz firmographics
Firmographics- Name
- Eduvanz
- Legal name
- Eduvanz Financing Private Limited
- Website
- https://eduvanz.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Eduvanz industry classification
Industry- Product category
- Education Lending
- NAICS
- Credit Intermediation and Related Activities (522)
- SIC
- Personal Credit Institutions (6141)
- akta.pro primary industry
- Direct-to-Consumer (D2C) Personal Lending Platforms (Unsecured Installment) (FSAKAAAK)
- akta.pro secondary industries
- Alternative Data & Credit Scoring (Cashflow, Telco, Utility, Open Banking) (FSAGAHAC), Education Access & EdTech for Equity (Low-cost Learning, Skills Platforms) (BPAGALAH), Digital Learning, EdTech Enablement & Connectivity for Education (BPADAKAH)
Keywords
Where Eduvanz is headquartered
LocationHeadquarters
- HQ city
- Mumbai
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
Eduvanz business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Operations, Personnel, Technology or R&D, Marketing or Sales, Supply Chain, Infrastructure
Revenue model
- Education and Skill Development Loans: Eduvanz provides education loans to students pursuing vocational courses, skill development programs, and professional certifications. For partnered institutes, zero-cost financing is offered where the institute bears the interest cost (subvention arrangement of 15-45%), while standard loans charge 15-45% annualized interest rates on reducing balance basis. Revenue is generated through interest income and subvention benefits from institute partnerships.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Monthly | Zero-Cost Education Loans at Partnered Institutes |
| Other | Monthly | Standard Education Loans (Non-Partnered) |
Distribution channels4 records
Marketing channels6 records
Eduvanz product offering
Product offeringCore offering
Eduvanz is a digital-first RBI-registered NBFC providing education and skill development loans to students pursuing vocational courses, professional certifications, and skill-based training programs. The company operates a 100% online lending platform that processes loan applications in under 10 minutes and disburses funds directly to partnered institutes while students repay through flexible EMIs of up to 60 months. It also offers zero-cost financing at partnered institutes where the institution bears the interest cost through a subvention arrangement.
Product overview
Eduvanz is a digital Fintech NBFC (RBI registered) that operates as a multi-product financial services platform centered around education and skill development financing. The core offerings include zero-cost and low-interest education loans for vocational courses and skill development programs, supplemented by school fee financing for K-12 institutions. The platform integrates Charted AI, an AI-powered career discovery and skill assessment tool that provides personalized learning recommendations. Additional products include EMI-based financing for consumer electronics and electric vehicles, supported by a mobile application for loan management. The company serves students, working professionals, and educational institutions across 240 cities in India through partnerships with over 900 institutes and 23 lending partners.
Differentiator
Problem solved
Functional benefit
Brands
- Charted: Career discovery and gap identification program offering AI-enabled skill assessments and career pathways. Provides personalized learning recommendations and financing options for upskilling courses.
Products and services
- Education Loans for Skill Development Zero-cost and low-interest education loans for students pursuing vocational courses, skill development programs, and professional training at partnered institutes across India. Loans cover up to 100% of course fees with maximum tenure of 60 months and interest rates of 15-45% per annum on reducing balance basis.
- School Fee Financing Fee payment plans for K-12 schools enabling parents to pay school fees in easy EMIs while schools receive full fee payment on Day 0. Reduces student dropouts and improves institutional cash flows.
- Charted AI Career Discovery Platform AI-powered career discovery platform offering skill assessments, gap identification, personalized learning pathways, and career mapping for working professionals and students seeking career advancement.
- Products on Easy EMIs EMI-based financing for consumer products including electronics (Apple), gaming (Xbox), wearables (Amazfit), and electric vehicles (Revolt, M2GO, Kinetic, EVTRIC) offered through a reseller and dealer network.
Quantifiable outcome
- Loan disbursements nearly doubled to Rs 337 crore in FY22
- +3 more outcomes
Companies that use Eduvanz
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Eduvanz technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
AI capability9 records
Feature3 records
Eduvanz partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- MuleSoft (Salesforce)coreEduvanz uses MuleSoft APIs to connect 120 internal and external systems including government databases, credit bureaus, and banking partners, enabling fast digital lending processing under 10 minutes.
- UIDAI (Unique Identification Authority of India)coreEduvanz integrates with UIDAI database for Aadhaar-based e-KYC verification and identity authentication as part of their digital lending process.
- Credit Bureaus (CIBIL, Experian, Equifax)coreEduvanz connects with credit bureaus for credit risk assessment and borrower credit history verification during loan processing.
Scale indicators10 records
Recent moves6 records
Expansion highlights6 records
Eduvanz competitors and assessment
Company assessmentDirect peers
- HDFC Credila: HDFC's education-loan focused NBFC; the market leader in Indian education financing. Directly comparable to Eduvanz in target market (students), product (education loans), and underwriting profile, though Credila historically skews more toward premier domestic and international institutes.
- Avanse Financial Services: India-focused education and skill-development NBFC backed by Wadhwani Foundation and Kedaara Capital. Closely comparable to Eduvanz in target borrower (vocational, professional, and international study), digital underwriting, and institute partnership model.
- Auxilo Finserve: India-based education-focused NBFC offering loans for domestic and overseas education. Directly comparable in product suite, target customer (students), and lending approach. Eduvanz competes with Auxilo particularly in the professional and skill-development segments.
- Propelld: Indian fintech lender focused on education and skill-development loans, with similar digital underwriting and institute partnership approach. Direct competitor in the same niche — non-traditional/vocational borrowers — that Eduvanz targets.
- InCred Finance: Indian digital lending platform with an education loan vertical among other consumer and MSME products. Comparable business model (digital-first, data-driven underwriting) and overlap in target customer segments, including skill-development borrowers.
Emerging players
- Leap Finance: India-based fintech focused on loans for students studying abroad. Partial overlap with Eduvanz on student lending but differentiated by its focus on international study (foreign universities) and the global payments/cornerstone offering for international students.
- GyanDhan: Indian education loan marketplace that partners with multiple lenders (banks, NBFCs) to facilitate student loans. Comparable in targeting Indian students seeking financing, but operates as a marketplace rather than a direct lender like Eduvanz.
Broad incumbents
- Bajaj Finance: One of India's largest NBFCs offering education loans among a wide product suite (consumer durables, personal loans, MSME, etc.). Overlaps with Eduvanz on education lending but does not specialize in the skill-development/vocational niche that Eduvanz targets.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights7 records
Customer concentration
Eduvanz social profiles
Digital presenceEduvanz compliance and trust
Trust signalCompliance2 records
Eduvanz financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eduvanz leadership team
Management profileNumber of profiles
Profiles9 records
Eduvanz funding detail
Funding detailFunding overview
Funding rounds10 records
Investors20 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eduvanz M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Eduvanz
What does Eduvanz do?
Eduvanz is a digital-first RBI-registered NBFC providing education and skill development loans to students pursuing vocational courses, professional certifications, and skill-based training programs. The company operates a 100% online lending platform that processes loan applications in under 10 minutes and disburses funds directly to partnered institutes while students repay through flexible EMIs of up to 60 months. It also offers zero-cost financing at partnered institutes where the institution bears the interest cost through a subvention arrangement.
Is Eduvanz a public or private company?
Eduvanz is a private company. It is classified as venture growth investor backed and is currently operating.
When was Eduvanz founded?
Eduvanz was founded in 2016. It employs 101 to 250 people.
Where is Eduvanz based?
Eduvanz is headquartered in Mumbai, India, in the Asia region.
How does Eduvanz make money?
One revenue line is on record: education and Skill Development Loans.
Who are Eduvanz's main competitors?
Direct peers on record are HDFC Credila, Avanse Financial Services, Auxilo Finserve, Propelld and InCred Finance. Emerging players are Leap Finance and GyanDhan. Bajaj Finance is listed as a broad incumbent.
Does Eduvanz have an API?
Yes. Eduvanz offers a public API Store that provides access to selected application program interfaces (APIs) for partners and developers. The API Terms of Use regulate access to these APIs, requiring registration and providing a personal, limited, non-exclusive, non-transferable and revocable license to use the API and API Data. Developer documentation is at eduvanz.com/legal.
What industry is Eduvanz in?
Eduvanz's product category is Education Lending. Its primary akta.pro industry code is FSAKAAAK, Direct-to-Consumer (D2C) Personal Lending Platforms (Unsecured Installment), with a secondary code of FSAGAHAC, Alternative Data & Credit Scoring (Cashflow, Telco, Utility, Open Banking). Its NAICS code is 522 and its SIC code is 6141.