Avanse Financial Services secured Rs 1,000 crore in equity funding led by Mubadala Investment Company to strengthen its position in education financing segment.
Avanse Financial Services secured Rs 1,000 crore in equity funding led by Mubadala Investment Company to strengthen its position in education financing segment.
03/26/24, 7:54 AM
Location
mumbaiInvestors
Avendus Pe Investment Advisors, Mubadala Investment Company
Avanse Financial Services has raised Rs 1,000 crore in an equity funding round led by Mubadala Investment Company, with participation from Avendus PE Investment Advisors. The fund infusion will help strengthen its position in the education financing segment through sustained profitable growth with a focus on improving customer experience.
Company Info
Location
mumbai, maharashtra, india
Additional Info
Avanse Financial Services is a technologically advanced, education-focused NBFC on a mission to provide seamless and affordable education financing for every deserving Indian student. Our financial solutions cover the entire gamut of the education ecosystem ranging from school education to post-graduation & education infrastructure financing.
Our Strong Parentage
Warburg Pincus, a leading global private equity firm, holds 80% of equity in the company. 20% equity-stake continues to be held by International Finance Corporation (IFC), an arm of World Bank
Customized Education Financing Solutions
• Higher Education Loans for International Studies
• Higher Education Loans for India
• Education Loans for E-Learning
• School Fee Financing
• Education Loans for Vocational Courses
Education Infrastructure Financing Solutions
Avanse has lending solutions designed to build quality education infrastructure in the country. We have solutions for financing the working and growth capital needs of educational institutes (primarily catering to K12, i.e., schools).