Biography of Varun Chopra: Co-founder &CEO of Eduvanz & WiZR- Entrepreneur
Story of Varun Chopra: From Corporate Finance to Educational Empowerment
Early Career Beginnings
Varun Chopra began his professional journey with a strong
foundation in finance and management. His career commenced at Genpact, where he
served as a Project and Transition Manager from 2005 to 2008. In this role,
Varun was responsible for directing and coordinating various global projects,
which involved market analysis, solution identification, and process
transitions. This early experience equipped him with valuable skills in project
management and client relations.
Educational Background
Varun Chopra’s academic credentials include an MBA in
Marketing and Finance from the Indian Institute of Technology, Madras, which he
completed between 2003 and 2005. This advanced education provided him with a
strong theoretical and practical understanding of business and finance, laying
the groundwork for his future ventures.
Transition to Deutsche Bank
In 2008, Varun transitioned to Deutsche Bank as a Business
Manager for Credit Products and Debt Capital Markets. During his tenure, he
managed credit products and capital markets within the Investment Banking
Division. His role at Deutsche Bank allowed him to deepen his expertise in
financial markets and further refine his strategic and management skills.
Biography of Varun Chopra: Co-founder &CEO of Eduvanz & WiZR- Entrepreneur /Success story of Varun Chopra/Life story of Eduvanz & WiZR/EdTech startup
Experience at Nomura
Varun’s career took a significant leap when he joined Nomura
in 2009. He started as an Assistant Vice President and progressed to Vice
President by 2014. At Nomura, he focused on change management, project
management, and strategic advisory. His roles involved overseeing major
projects, transitions, and consulting engagements, both in London and Hong
Kong. This diverse international experience broadened his understanding of
global financial operations and management.
Founding Eduvanz
In 2016, Varun Chopra co-founded Eduvanz, an innovative
online marketplace for education loans. As CEO, he has been instrumental in
shaping the company’s mission to make education financing more accessible and
efficient. Eduvanz offers a platform where users can apply for education loans,
manage their applications, and get loan approvals based on credit assessments.
Under Varun’s leadership, Eduvanz has grown significantly and has established
itself as a key player in the FinTech and EdTech sectors.
Growth and Achievements at Eduvanz
Since its inception, Eduvanz has achieved considerable
success. The company has attracted significant investment, with its latest
funding round raising $12.7 million in Series B in December 2022. This capital
influx has supported the company’s expansion and its mission to provide more
opportunities for students seeking financial support for their education. As of
mid-2024, Eduvanz employs around 196 people and has a post-money valuation of
$101 million.
Co-Founding WiZR
In addition to his role at Eduvanz, Varun Chopra is also a
co-founder of WiZR, a company that focuses on building products related to
ACORD standards. Since 2019, WiZR has been based in Mohali, India, and has
developed key products such as the AL3 Parser and ACORD forms scanner. This
venture reflects Varun’s ongoing commitment to innovation and technology in the
financial services sector.
Looking Ahead
Varun Chopra’s journey from corporate finance to
entrepreneurial success showcases his versatility and vision. His leadership at
Eduvanz and WiZR highlights his ability to drive growth and innovation across
different sectors. As he continues to build on these ventures, Varun remains
dedicated to leveraging his expertise to create impactful solutions and
opportunities in the financial and educational landscapes.
Varun Chopra: Key Dates and Milestones
2003-2005: Earned an MBA in Marketing and Finance from IIT Madras.
2005-2008: Worked at Genpact as a Project and Transition
Manager.
2008: Joined Deutsche Bank as a Business Manager for Credit
Products and Debt Capital Markets.
2009-2014: Held roles at Nomura, advancing to Vice President.
2016: Co-founded Eduvanz, an online education loan
marketplace.
2019: Co-founded WiZR, focusing on ACORD standards and
related technology.
December 2022: Eduvanz raised $12.7 million in Series B
funding.
