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
- SectorsFinancial ServicesEducation
- Email••••••••
- Phone•••• ••••
- Website edgrofin.com
- Legal Name Edgro Finance Private Limited
- Date of Incorporation 09 May, 2022
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹48.33 Cr
FY 2025 · +643% YoY
- Net Profit₹2.48 Cr
FY 2025 · 5% margin
- EBITDA₹27.39 Cr
FY 2025 · 57% margin
- Latest Funding Round$25M (USD), Debt – Conventional
May 2024
- InvestorsInCred
& 7 more
Associated legal entities of Edgro
Edgro is associated with 2 registered companies on The Company Check; the primary company is Edgro Finance Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Edgro Finance Private Limited CIN U65929KA2022PTC160962 | Active | 09 May 2022 | Bangalore, Karnataka | ₹48.3 Cr | 12 | 4 | View details |
| Bluebear Technology Private Limited CIN U74999DL2016PTC290342 | Active | 29 Jan 2016 | Delhi, Delhi | ₹99.4 Cr | 346 | 7 | View details |
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 Rounds 1
- Last Round Debt – Conventional — $25M
- First Round $25M
(May 2024)
- Investors Count 8
All 1 funding rounds of Edgro with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2024 | $25M | Debt – Conventional | – | – |
8 investors in total: 8 institutional.
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 |
|---|---|---|---|---|
Credit Saison India is engaged in providing diverse lending solutions. | 2019 | creditsaison.in | Bengaluru, India | |
Collateralised loans for commercial vehicles are extended to rural entrepreneurs. | 1996 | aubank.in | Jaipur, India | |
Financial services are provided, specializing in personal and business loans. | 2016 | incred.com | Mumbai, India | |
Household and business loans are provided with risk management support. | 2006 | northernarc.com | Chennai, India | |
Financial services and loans are provided to individuals and businesses. | 1988 | mas.co.in | Ahmedabad, India | |
Debt financing solutions are provided to mid-market enterprises. | 2017 | vivriticapital.com | Chennai, India | |
Financial solutions including loans are provided for SMEs and corporates. | 2016 | oxyzo.in | Gurugram, India | |
Ambit is recognized as a leading provider of financial advice and capital in India. | 1997 | ambit.co | Mumbai, India |
Investor details for Edgro
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- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Edgro Finance Private Limited (Edgro)
Edgro Finance Private Limited is the primary company behind Edgro. The boards of the 2 registered companies of Edgro currently have 9 directors; the longest-serving is Brijesh Samantaray, appointed in 2016. 10 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Brijesh Samantaray DIN 06670044 | Director | 29 Jan 2016 | 10 yrs 8 mo | Bluebear Technology Private Limited |
| Ritesh Banglani DIN 02129763 | Nominee Director | 25 Apr 2019 | 7 yrs 5 mo | Bluebear Technology Private Limited |
| Deepak Ramineedi DIN 07631768 | Nominee Director | 14 Mar 2022 | 4 yrs 6 mo | Bluebear Technology Private Limited |
| Bibhu Prasad Das DIN 07736508 | Whole-time director | 09 May 2022 | 4 yrs 5 mo | Edgro Finance Private Limited, Bluebear Technology Private Limited |
| Patla Gopalkrishna Kamath DIN 08388228 | Director | 09 May 2022 | 4 yrs 5 mo | Edgro Finance Private Limited |
| Vishwanathan Mavila Nair DIN 02284165 | Director | 31 Jul 2023 | 3 yrs 2 mo | Bluebear Technology Private Limited |
| Anil Mehta DIN 02132315 | Director | 14 Dec 2023 | 2 yrs 9 mo | Edgro Finance Private Limited |
| Shreyans Singh DIN 06557679 | Nominee Director | 13 May 2025 | 1 yr 4 mo | Bluebear Technology Private Limited |
| Victor Senapaty DIN 06954610 | Director | 13 May 2025 | 1 yr 4 mo | Bluebear Technology Private Limited |
Financials of Edgro
Figures of Edgro Finance Private Limited, the primary company behind Edgro, for FY 2025. Revenue was ₹48.33 Cr (+643% year on year). Net profit was ₹2.48 Cr (5% margin). EBITDA was ₹27.39 Cr (57% margin).
- ₹48.33 CrRevenue · FY 2025 · +643% YoY
- ₹2.48 CrNet profit · 5% margin
- ₹27.39 CrEBITDA · 57% margin
- ₹102 CrPaid-up capital
- 12Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Edgro Finance Private Limited are on its company page.
Detailed financial statements for Edgro
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Edgro
2 dated milestones of Edgro across 2 years, from founding to its latest funding, stage changes and deals.
- Founded Edgro is founded.
- Funding First funding round of $25.0M.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| auxilo.com | 2017 | Mumbai, India | $127.05M | 459 | Financial products for education loans and services are provided. | |
| eduvanz.com | 2016 | Mumbai, India | $40.28M | 137 | Financial assistance is provided for education, career, and skills development. | |
| gyandhan.com | 2015 | Delhi, India | $7.78M | 267 | Education loan marketplace and study abroad support are provided. | |
| kuhoo.com | 2021 | Mumbai, India | $21.81M | 125 | Financial products are offered to fund student educational expenses. | |
| propelld.com | 2017 | Bengaluru, India | $70.23M | 235 | Provider of flexible digital education loans with customized repayment options for students | |
| shikshafinance.com | 2014 | Chennai, India | $12.1M | 302 | Provider of loan products for MSMEs and individuals | |
| credenc.com | 2017 | Gurugram, India | $27.61M | 60 | Merit-based education loans are offered via an online marketplace. | |
| unicreds.com | 2021 | Mumbai, India | – | 224 | Serves as a platform offering tailored financial solutions to meet diverse user needs. |
Detailed competitors of Edgro
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Edgro
The website of Edgro (edgrofin.com) receives about 14.6K visits a month.
- Monthly visits14.6K
▼ 31.7% vs previous month
Websites whose visitors overlap most with Edgro. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| propelld.com | 100% | 338.1K | #92,768 | View details | |
| google.com | 61% | 85.8B | #1 | View details |
Latest news on Edgro
Complete news archive for Edgro
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Similar companies to Edgro
10 companies that operate in the same segment as Edgro (Consumer and SME Loans), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Synchrony is engaged in providing credit cards and banking services. | 1993 | Salem, United States | USD 25 M | USD 19.12 B | 20,000 | |
Consumer and SME loans are provided by Manappuram Finance. | 1992 | Valapad, Kerala, India | USD 39.98 M | USD 1.01 B | 51,650 | |
Full-stack marketplace services for car ownership are provided. | 2015 | Singapore, Singapore | USD 685.9 M | USD 806.83 M | 1,000 | |
Affordable home loans are extended to low and middle-income groups. | 2010 | Mumbai, Maharashtra, India | USD 209.7 M | USD 203.79 M | 1,630 | |
Diversified lending services are provided as a non-banking financial institution. | 1994 | Mumbai, Maharashtra, India | – | USD 1.9 B | 36,520 | |
Financial solutions including loans and insurance are offered. | 2007 | Pune, Maharashtra, India | – | USD 15.24 B | 126 | |
Household and business loans are provided with risk management support. | 2006 | Chennai, Tamil Nadu, India | USD 283.47 M | USD 288.73 M | 1,100 | |
Online gold, home, personal, and business loans are provided. | 1995 | Mumbai, Maharashtra, India | – | USD 1.38 B | 38,720 | |
An online lending platform for point-of-sale financing is provided. | 2013 | Bengaluru, Karnataka, India | USD 205.92 M | USD 3.93 M | 499 | |
Housing loans are extended to middle-income households in India. | 2010 | Gurugram, Haryana, India | USD 111.02 M | USD 162.86 M | 3,820 |
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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.
The primary company behind Edgro, Edgro Finance Private Limited, reported revenue of ₹48.33 Cr for FY 2025, up 643% year on year.
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.
Edgro is associated with 2 legal entities: Edgro Finance Private Limited, Bluebear Technology Private Limited.
The legal entities of Edgro currently have 10 directors, including Bibhu Prasad Das, Patla Gopalkrishna Kamath, Anil Mehta and others.