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Sundaram Finance makes investment in GyanDhan

06 Jun 2017 Evaluate

Sundaram Finance has made an investment in a Delhi-based start-up GyanDhan. This is part of group’s effort to start engaging with start-ups in the areas of financial services and fin-tech. The company did not disclose the amount invested.

GyanDhan is an online marketplace for education loans for students aspiring to pursue studies abroad. Founded by two IIT alumni, GyanDhan helped over 250 students get education loans of around Rs 60 crore.

Sundaram Finance, headquartered in Chennai, is a leading player in Retail Finance with presence across multiple facets of the Financial Services industry including Vehicle Finance, Home Finance, Mutual Fund, General Insurance and Financial Services Distribution.

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