Mubadala, Avendus invest Rs 1000 cr in NBFC AvanseAbu Dhabi's Mubadala Investment Company and Avendus Future Leaders Fund II invest Rs 1,100 crore in Avanse Financial Services, an education...
26 Mar, 2024, 01.31 PM IST
Avanse secures Rs 1,000 crore equity funding from MubadalaEducation-based NBFC Avanse said it will use the funds to shore up its position in the education financing segment through sustained profit...
26 Mar, 2024, 01.10 PM IST
Mubadala leads Rs 1100 crore funding round in AvanseAvanse is the second largest domestic private sector NBFC in the education loan segment with assets under management (AUM) of Rs 8,646 cror...
22 Feb, 2024, 11.15 PM IST
Byju's crisis plays up digital lenders’ asset quality problemA few months back the Reserve Bank of India had asked NBFCs about their exposure to the edtech sector, fearing that trouble may be brewing ...
26 Jun, 2023, 07.44 AM IST
Kedaara Capital invests Rs 800 cr in NBFC Avanse FinancialKedaara Capital, a homegrown private equity firm, will infuse ₹800 crore in Avanse Financial Services Ltd. (Avanse), the education-focused ...
19 Jan, 2023, 04.00 PM IST
Warburg to unlock $250-300 million by diluting its stake in AvanseWarburg owns about 80% stake in Avanse. World Bank's arm International Finance Corporation (IFC) owns remaining 20% stake in the non bankin...
10 Aug, 2022, 12.37 AM IST
Avanse disburses highest ever loan of Rs 2,927 cr in FY22The new age technology driven non-banking financial company (NBFC) had assets under management (AUM) of Rs 4,836 crore at the end of FY22. ...
11 May, 2022, 04.39 PM IST
Avanse Financial Services raises Rs 357 crore in maiden securitisation dealThis funding is likely to support Avanse's business growth in the education financing space. The transaction was facilitated by Northern Ar...
27 Jan, 2022, 03.44 PM IST
Avanse Fin Services FY21 results: PAT jumps nearly 73% to Rs 38 cr; loan disbursement fallsThe non-banking finance company achieved an asset under management (AUM) of nearly Rs 3,103 crore during FY21 with over 52,000 live custome...
20 May, 2021, 04.27 PM IST
Lending opportunities to overseas students intact, says AvanseAbout 1.6% of its total loans are non-performing while gross NPA was 0.44% when it comes to educational loans, the company said. “The compa...
19 May, 2021, 08.44 PM IST
Courtesy lending to women aspirants, Avanse raises $15 millionThe external commercial borrowing (ECB) has been done from the US-based World Business Capital Inc and the money is backed by a guarantee f...
29 Sep, 2020, 06.45 PM IST
Warburg Pincus buys 80% stake in Avanse FinancialThe rest 20 per cent stake is held by International Finance Corporation.
16 Mar, 2019, 02.46 PM IST
Wadhawan Global in talks to sell edu fin arm AvanseWarburg Pincus, Kedaara Partners, CX Partners, PremjiInvest and Centrum Capital are in discussions to acquire the 80% stake in Avanse.
26 Feb, 2019, 08.11 AM IST
Avanse aims to disburse Rs 800-cr education loans in FY17In value terms, the demand for education loan for overseas education is 70 per cent of the book size while that of domestic market is about...
01 Jun, 2016, 07.34 PM IST
Students now seeking loans for ‘new age’ courses like golfing, music; bypass banks“This will go up further because generic courses are not creating sufficient job opportunities,” says Narayanan Ramaswamy, lead partner in ...
24 Mar, 2015, 06.31 AM IST
- DHFL education loan arm enters Delhi market, offers special rates
Avanse Education Loans, a education finance company of DHFL, today forayed into Delhi market offering education loans at 12.25 %.
08 May, 2013, 08.48 PM IST
- DHFL to foray into education loan business
Dewan Housing Finance Ltd, (DHFL), which is primarily into home loan business, has decided to foray in education loan business.
08 Feb, 2013, 12.47 PM IST