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...
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...
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...
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 ...
Indian NBFCs double fundraising via bonds in five days as bank rate gap widensIndian non-banking financial companies (NBFC) have raised around INR 100bn ($1.21bn) in the past five days from bond issues, double that of...
ETtech Deals Digest: Indian startups raised $565 million this week, PhonePe’s funding lifts gloomHere is a list of startups that got funded this week.
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 ...
Global PE investors warm up to India's microfinance sectorIn one of the biggest investments in the microfinance space in recent times, British International Investment along with existing investors...
Warburg eyes 30% stake in Indian shadow bank Vistaar for $150 mn: SourcesFounded in 2010, Vistaar provides small business loans to shops, mills, hotels and manufacturers. It operates 196 branches in 12 Indian sta...
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...
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. ...
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...
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...
Warburg Pincus buys 80% stake in Avanse FinancialThe rest 20 per cent stake is held by International Finance Corporation.
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.
Bank vs NBFC: Keep these factors in mind while taking an education loanAccording to Crif High Mark, an RBI-approved credit bureau, 90 percent of education loans taken are from public-sector banks by value and v...
- 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 %.