About Edufin
Edufin is a company based in Chennai (India) founded in 2020 by K G Gopala Krishnan, Rahul Dhoka, and Thiyagarajan Rajaraman. Edufin has raised $676.47 thousand across 2 funding rounds from investors including July Ventures, Rahul Dhoka and K G Gopala Krishnan. The company has 13 employees as of April 08, 2024. Edufin operates in a competitive market with competitors including Auxilo, Eduvanz, GyanDhan, Propelld and Shiksha Finance, among others.
- Headquarter Chennai, India
- Employees 13 as on 08 Apr, 2024
- Founders K G Gopala Krishnan, Rahul Dhoka, Thiyagarajan Rajaraman
- Stage Minicorn
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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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Social
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- Legal Name Advansure Tech Private Limited
- Date of Incorporation 17 Sep, 2020
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$28.89 K (USD)-3.51as on Mar 31, 2023
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Net Profit
-$122.77 K (USD)-95.97as on Mar 31, 2023
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EBITDA
-$101.27 K (USD)-84.4as on Mar 31, 2023
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Total Equity Funding
$676.47 K (USD)
in 2 rounds
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Latest Funding Round
$518.01 K (USD), Seed
Feb 12, 2024
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Investors
July Ventures
& 16 more
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Employee Count
13
as on Apr 08, 2024
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Funding Insights of Edufin
Edufin has successfully raised a total of $676.47K across 2 strategic funding rounds. The most recent funding activity was a Seed round of $518.01 thousand completed in February 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Edufin
Edufin has secured backing from 17 investors, including venture fund and angel investors. Prominent investors backing the company include July Ventures, Rahul Dhoka and K G Gopala Krishnan.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital investments in B2B, Digital Platforms, and SaaS opportunities with a hands-on approach.
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Rahul Dhoka |
Co-founder of Drip Capital, active angel investor in fintech and tech startups
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Locked | Locked | Locked |
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KG
K G Gopala Krishnan |
Angel investor and mentor, focused on Indian startups and technology
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Locked | Locked | Locked |
Investor details for Edufin
Investor domains, locations, round participation, and complete history require an active premium plan.
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Investments & Acquisitions by Edufin
Investment portfolio details for Edufin
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - Edufin
Detailed financials for Edufin
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- Profit trends
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Edufin Comparisons
Peer comparison for Edufin
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Edufin
Edufin 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, Propelld and Shiksha Finance, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Financial products for education loans and services are provided.
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Financial assistance is provided for education, career, and skills development.
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Education loan marketplace and study abroad support are provided.
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Provider of flexible digital education loans with customized repayment options for students
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Provider of loan products for MSMEs and individuals
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Financial products are offered to fund student educational expenses.
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Detailed competitors of Edufin
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Latest news on Edufin
Complete news archive for Edufin
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Frequently Asked Questions about Edufin
Edufin was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Edufin is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Prashanth P K is the current CEO of Edufin.
Edufin is a funded company, having raised a total of $676.47K across 2 funding rounds to date.
As of Apr 08, 2024, the latest employee count at Edufin is 13.
Annual revenue of Edufin is $28.89K as on Mar 31, 2023.
Edufin was established in 2020 in Chennai, India, as an online platform in the education finance sector. Fee payment solutions for childrens education are facilitated, allowing parents to opt for monthly installments. EMI options and online approval processes are provided to streamline transactions. Core operations center on accessible payment mechanisms for educational expenses within the Indian market.
Edufin has 17 investors. Key investors include July Ventures, Rahul Dhoka, K G Gopala Krishnan, Prashanth P K, and Mohan Ramchandra.
The valuation of Edufin is $5.14M as of Feb 2024.