Avanse Financial Services funding, investors and company details

Avanse Financial Services is an emerging Banking and Finance startup from [●], working in the space of Functions as a specialized non-banking financial company (NBFC) dedicated to education financing solutions. Founded by Amit Gainda (MD and CEO).

Company: Avanse Financial Services Limited
Sector: Banking and Finance
Location: [●]
Founders: Amit Gainda (MD and CEO)
Total funding raised: ₹2,000.2 Cr

Company overview

Avanse Financial Services functions as a specialized non-banking financial company (NBFC) dedicated to education financing solutions. It offers secured and unsecured loans for students pursuing higher studies abroad or domestically, professional/executive courses, e-learning, school fees, and skill development programs, alongside working capital and growth financing for educational institutions. The company emphasizes hyper-personalized lending through diverse sourcing channels, technology-driven processing, and comprehensive support covering entire education ecosystem needs from admissions to infrastructure.

Funding rounds

Latest round: ₹1,000.00 Cr. ($ 119.98 Mn), 2024-03-26. Investors: Avendus
Past round (Series C): $ 120.00 Mn (₹1,000.20 Cr.), 2024-03-22. Investors: Mubadala Investment Company (Mubadala), Avendus