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Avanse Financial Services Ltd.

Aspire Without Boundaries

Founded 2013 India Mumbai, India 1020 employees Private Equity Total: $25.53B Education, Finance +2

General Information

Company Name Avanse Financial Services Ltd.
Founded Year 2013
Location India Mumbai, India
Employees 1020
Industries Education, Finance, Financial Services +1
Funding Stage Private Equity
Social

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About Avanse Financial Services Ltd.

Avanse Financial Services Ltd. is a technologically advanced, education-focused NBFC on a mission to provide seamless and affordable education financing for every deserving Indian student. Their financial solutions cover the entire gamut of the education ecosystem, ranging from school education to post-graduation & education infrastructure financing.

Strong Parentage: Warburg Pincus, a leading global private equity firm, holds 80% of equity in the company while 20% equity-stake continues to be held by International Finance Corporation (IFC), an arm of World Bank.

Customized Education Financing Solutions: Avanse offers various education financing solutions including Higher Education Loans for International Studies, Higher Education Loans for India, Education Loans for E-Learning, School Fee Financing, and Education Loans for Vocational Courses.

Education Infrastructure Financing Solutions: Avanse also provides lending solutions designed to build quality education infrastructure in the country, catering to the working and growth capital needs of educational institutes, primarily schools.

Founded in 2013 and headquartered in India, Avanse Financial Services recently secured a INR10.00B Private Equity Round investment on 26 March 2024, with investments from Mubadala Capital and Avendus Future Leaders Fund. As the company continues to expand their offerings and reach in the education and financial services industries, their vision of enabling education without boundaries seems promising for both stakeholders and the larger community.

Business keywords: NBFC, Education financing, Student loans, Higher education loans, E-learning, Vocational courses, School fee financing, Infrastructure financing, Warburg Pincus, International Finance Corporation, Financial services, Technology, Indian education, K12 education, Private equity

Funding Rounds & Investors (7)

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Funding Stage Amount Investors Lead Investors Date
Private Equity Round INR10.00B 2
Mubadala, Avendus Capital
26 Mar 2024
Private Equity Round INR8.00B 1
Kedaara Capital
19 Jan 2023
Venture Round INR3.90B 2
International Finance Corporation, Olive Vine Investment
21 Sep 2022
Debt Financing INR3.57B 1
Northern Arc
28 Jan 2022
Debt Financing $15.00M 1
WorldBusiness Capital
29 Sep 2020
Private Equity Round $42.86M -
30 Jul 2019
Venture Round $2.30M 1
International Finance Corporation
07 Aug 2013

Avanse Financial Services Ltd. Alternatives & Competitors

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FAQ About Avanse Financial Services Ltd.

Aspire Without Boundaries
Avanse Financial Services Ltd. was founded in 2013.
Avanse Financial Services Ltd. is headquartered in Mumbai, India.
Avanse Financial Services Ltd. operates in Education, Finance, Financial Services and Lending and Investments. Its work centres on NBFC, Education financing, Student loans and Higher education loans.
Avanse Financial Services Ltd. has approximately 1020 employees.
Avanse Financial Services Ltd. has completed 7 funding rounds, raising a total of $25.53B. The latest funding stage is Private Equity.
Top alternatives and competitors to Avanse Financial Services Ltd. include Auxilo Finserve Private Limited, Neev Credit, EduLoans, Indian School Finance Company Private Limited, Edly Student Loans. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Avanse Financial Services Ltd. and Auxilo Finserve Private Limited are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Avanse Financial Services Ltd., https://bouncewatch.com/company/avanse-financial-services-ltd, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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