Sequoia Capital and Juvo Ventures led a $14m Series B round in Eduvanz.

Sequoia Capital and Juvo Ventures led a $14m Series B round in Eduvanz, which provides loans for skill development to students. The startup plans to use the funds raised to launch new products and for expansion. The fresh infusion of capital will also be used to further build its IT infrastructure, artificial intelligence and machine learning capabilities for risk assessment along with hiring of team members across distribution, institute partnerships, technology and operations.