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
Avanse Financial Services appoints Vikrant Gandhi as CFOAvanse Financial Services, an education-focused non-banking financial company, has appointed Vikrant Gandhi as its Chief Financial Officer....
27 Feb, 2024, 12.50 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
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
Avanse raises Rs 390 crore from Warburg Pincus & IFCAvanse Financial Services, an education-focused non-bank lender raised about Rs 390 crores from its existing shareholders, Warburg Pincus a...
21 Sep, 2022, 04.55 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
Credit Fair partners with Avanse Financial Services to enable upskilling for aspirants across the countryThis collaboration will enable Credit Fair and Avanse to reach out to aspirants across the country and assist them in meeting their up-skil...
14 Feb, 2022, 02.02 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 Financial Services appoints Vineet Mahajan as CFOMahajan joins the firm from Aavas Financiers where he served as the treasury head for almost two years. He has also worked with Edelweiss G...
27 Sep, 2021, 04.46 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
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
Going forward, partners like IBM will 'keep the lights on': IBM India General Manager"We believe in a multi –cloud workload and that the world is going to go very strongly on open source and our entire strategy and aligning ...
31 Dec, 2019, 01.08 PM IST
DHFL jumps 4% on Avanse Financial stake saleDHFL would be selling its entire 30.63 per cent stake in Avanse Financial Services.
18 Mar, 2019, 03.41 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