About Edgro
Edgro is a company based in Bengaluru (India) founded in 2022. Edgro offers products and services including Education Loans. Edgro operates in a competitive market with competitors including Auxilo, Eduvanz, GyanDhan, Kuhoo and Propelld, among others.
- Headquarter Bengaluru, India
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Sectors
Financial ServicesEducation
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Email
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Phone
*********
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Website
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- Legal Name Edgro Finance Private Limited
- Date of Incorporation 09 May, 2022
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$62.34 K (USD)0as on Mar 31, 2023
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Net Profit
$2.13 K (USD)0as on Mar 31, 2023
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EBITDA
-$57.35 K (USD)0as on Mar 31, 2023
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Latest Funding Round
$25 M (USD), Debt – Conventional
May 17, 2024
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Investors
InCred
& 7 more
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Employee Count
Employee Count
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Products & Services of Edgro
Edgro offers a comprehensive portfolio of products and services, including Education Loans.
Offers loans to fund higher education with easy application process.
Funding Insights of Edgro
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $25.0M
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First Round
First Round
(17 May 2024)
- Investors Count 8
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2024 | Amount | Debt – Conventional - Edgro | Valuation |
investors |
Investors in Edgro
Edgro has secured backing from 8 investors, including institutional investors. Prominent investors backing the company include InCred, AU Small Finance Bank and Northern Arc Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Credit Saison India is engaged in providing diverse lending solutions.
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Founded Year | Domain | Location | |
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Collateralised loans for commercial vehicles are extended to rural entrepreneurs.
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Founded Year | Domain | Location | |
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Financial services are provided, specializing in personal and business loans.
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Founded Year | Domain | Location |
Investments & Acquisitions by Edgro
Financial Statements - Edgro
Edgro Comparisons
Competitors of Edgro
Edgro operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Auxilo, Eduvanz, GyanDhan, Kuhoo and Propelld, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Financial products for education loans and services are provided.
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| domain | founded_year | HQ Location |
Financial assistance is provided for education, career, and skills development.
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| domain | founded_year | HQ Location |
Education loan marketplace and study abroad support are provided.
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| domain | founded_year | HQ Location |
Financial products are offered to fund student educational expenses.
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| domain | founded_year | HQ Location |
Provider of flexible digital education loans with customized repayment options for students
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| domain | founded_year | HQ Location |
Provider of loan products for MSMEs and individuals
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Frequently Asked Questions about Edgro
Edgro was founded in 2022 and raised its 1st funding round 2 years after it was founded.
Edgro is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Annual revenue of Edgro is $62.34K as on Mar 31, 2023.
Edgro was founded in 2022 and is based in Bengaluru, India. Operations are centered in the fintech sector, where education financing services are delivered through student loans. Support is extended to individuals in the educational field via tailored financing options. The company functions as a partner for educational funding needs, with activities focused on accessible loan provisions in the region.
Edgro offers Education Loans.
Edgro has 8 investors. Key investors include InCred, AU Small Finance Bank, Northern Arc Capital, Vivriti Capital, and Credit Saison India.