Empowering Student Dreams, Kuhoo Announces Partnership with Galgotias University

New Delhi, 29^th April 2024: Kuhoo, India’s pioneering online student loan platform, today announced a groundbreaking partnership with Galgotias University, one of the nation’s premier educational institutions. This partnership aims to make affordable financing options accessible for Galgotias University students nationwide, by leveraging Kuhoo’s advanced technology and network of lenders.

Kuhoo has rapidly emerged as a trusted facilitator of education financing, forging relationships with over 300 reputed institutions across India. Through this collaboration, Galgotias University students will enjoy a multitude of benefits that simplify and streamline the loan acquisition process. A key advantage is the ability to access a wide spectrum of loan products from over 10 lenders, including banks and NBFCs through a single online application with Kuhoo. This one-stop solution empowers students to explore and compare various options, enabling them to choose the best-suited loan based on interest rates, repayment terms, and loan amounts.

Moreover, Kuhoo’s advanced algorithms will match students with personalized loan offers that align seamlessly with their educational needs and financial circumstances, ensuring a tailored loan experience. The platform’s user-friendly interface and streamlined online application process will significantly reduce the administrative burden, expediting document submission and approval procedures.

Prashant A. Bhonsle, Founder and CEO of Kuhoo, expressed enthusiasm for the partnership, stating, “We are thrilled to join forces with Galgotias University, an esteemed institution that shares our vision of making quality education available to all. This partnership underscores our unwavering commitment to making Indian students Atmanirbhar by providing them with the best student loans they need to pursue their course of choice without worrying about the financial hindrances.”

Kuhoo intends to establish a 1000+ such collaborations, thus aiming to target a staggering 1.5 million students across India, enabling them to explore a diverse range of over 15 loan products and courses, including STEM programs at top universities globally. Students will also stand to gain from the potential income tax benefits associated with education loans offered by banks, further reducing the financial burden when pursuing their education.

Commenting on the development, Shridhar Hebbar from Kuhoo, said, “Education is the great equalizer, and financial constraints should never be a barrier that prevents brilliant minds from realizing their full potential. At Kuhoo, we believe that every student deserves an equal opportunity to pursue their dreams, regardless of their economic background. We envision a future where every deserving student in India has access to the financial support they need to achieve their educational aspirations. By leveraging cutting-edge technology and forging strategic alliances with leading institutions like Galgotias University, we are creating a paradigm shift in the world of education financing.”

Mr. Dhruv Galgotia, CEO of Glagotias University said, “At Galgotias University, we firmly believe that education is the bedrock of a progressive society. It has the power to transform lives, communities, and nations, and it is our responsibility to nurture the dreams and aspirations of every student who walks through our doors. Our partnership with Kuhoo represents a bold step towards realizing this vision, ensuring that financial barriers never obstruct the path to knowledge and personal growth. By joining forces with Kuhoo, we aim to provide our students with access to a comprehensive suite of financing options, thereby fostering an environment of inclusivity and opportunity.”

As Kuhoo continues to expand its network, it has set its sights on targeting the top 1,000 universities in India for MBA programs and the top 2,000 engineering colleges, further amplifying its impact on the nation’s educational landscape. Kuhoo’s remarkable growth is evidenced by the platform attracting applications from over 1,000 cities across India and 10 countries worldwide, with its student app garnering over 40,000 downloads to date.