I didn't join this company & wouldn't recommend it to anyone - Anonymous employee EduFund Employee Review

1.0
Jul 19, 2024
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

I interviewed here but didn't join. I came across through their profile on glassdoor so thought would warn others. EduFund might be suitable for individuals who excel in networking & flattery rather than those who prefer to focus on actual work and skills development. If you have strong connections within the company, are comfortable with a toxic environment, and thrive on praise and talk rather than action, this might be the place for you. However, for those seeking a healthy, supportive, and merit-based workplace, I would advise caution and thorough consideration before joining EduFund.

Cons

Overview: EduFund positions itself as an innovative startup in the education sector, aiming to revolutionize how students and parents plan for education expenses. However, based on my personal experience interviewing with the company and subsequent research on platforms like Glassdoor, there are significant red flags potential employees should be aware of. Interview Experience: Unqualified Interviewer: My interview process culminated in a discussion with the founder, who holds a BA degree. Despite her academic background not aligning with the technical demands of the role, she was not convinced of my technical skills. This raises questions about the depth of her understanding of technical competencies and the criteria used for candidate evaluation. Lack of Basic Employee Benefits: EduFund's expectations from employees are disproportionately high compared to the benefits they offer. They do not provide essential tools such as laptops, which are crucial for productivity and efficiency in most modern workplaces. High Attrition and Cronyism: A glance at EduFund's LinkedIn profile reveals a high turnover rate, which is a significant indicator of employee dissatisfaction. Moreover, there are apparent signs of cronyism. Toxic Management Practices: During my interactions with higher management and the founder, it became evident that flattery is highly valued. Those who do not engage in flattering the management often create rudeness and dismissive attitudes. Overloaded Work Environment: The company frequently justifies overloading employees with work by claiming to be a startup. This excuse is used to push tasks beyond the scope of the job description.

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2.0
Jun 12, 2026
Recommend
CEO approval
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Pros

Too much learning, enjoyable only in oune office

Cons

Too much pressure, no clarity of goals

1.0
Jan 25, 2026
Recommend
CEO approval
Business outlook

Pros

Ahmedabad Office is the office where you should choose to work if you want to still join the company, because there you can find good humans, who you would love to work with, till the time they are working at EduFund. The Founder (M) is open to listening to the ideas and can make you feel heard and welcomed initially.

Cons

The biggest con in the company is the HR disguised as a People and Culture Head. The HR lacks human empathy, transparency, ethics, and basic fundamentals of HR; the HR function is to work as a smooth function between the team and the senior management, not worsen the relationship by prioritising their own self-interests. Execution of ideas is painfully slow; it will pass through multiple layers of approval, get stuck, and rarely be implemented. The attrition rate is so high that, in my short tenure, more employees have exited the company (not removed, mind you) than the fresh joinees or those who even completed their full year. Compensation and appraisals are not performance-driven or skills-driven. Visibility and self promotion is more rewarded than actual output. If you know how to self-praise your work, even pressing the ENTER button will get more appreciation. Candidates are often promised a pay range during their interviews, then their compensation is lowered in the final round, even lower than the promised pay range, to "cut costs". The management wants you to work more, and it is rational if the work pays you well with the industry standard and more importantly, if your work is respected. Here, FEEDBACK IS ABUNDANT AND EASILY ON THE FOUNDER's LIPS, WHILE APPRECIATION IS SO HARD TO FIND, you just lose your motivation to go the extra mile. The company claims to be a tech-led startup, yet none of the original core tech team remains, which is a self explainer of how the company handles its talent. A few months back, the exits were too much, and the ratings here went so low that the founders had to pressure the employees to post fake good reviews to boost up the ratings. Do not even USE this company as a stepping stone for your career, because it will only demotivate you to keep working in the Startup space. There are many less successful but very well-managed startups with good culture out there.

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EduFund Response
4mo
Thank you for sharing your feedback. We’re sorry to hear that your experience at EduFund did not meet your expectations. We understand that workplace experiences can vary based on individual expectations, roles, and stages of one’s career. While we may view certain situations differently, we respect your perspective and acknowledge that the experience was not a positive one for you. At EduFund, we strive to foster a culture of learning, transparency, and continuous improvement. We actively encourage open communication and aim to address concerns constructively whenever possible. Many team members have grown with EduFund over the past three to four years, reflecting our focus on long-term development. At the same time, we recognize that not every professional relationship is the right long-term fit, and in such cases, moving on can be the healthiest outcome for both the individual and the organization. We appreciate the feedback and wish you success in your future professional journey. Team EduFund
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