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Announced

Completed

Warburg Pincus led a $48m funding round in Avanse Financial Services.

Financials

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Transaction Value£39m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Single Bidder

Acquisition

loan services

Consumer Lending

financial servies

Venture Capital

India

Cross Border

Private Equity

Minority

Friendly

Private

Completed

Synopsis

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Warburg Pincus, a private equity firm, led a $48m funding round in Avanse Financial Services, a consumer lender, with participation from International Finance Corporation. "This growth capital raised will enable us to strengthen our balance sheet and capital adequacy ratio. The freshly infused equity will allow us to reach out to more students to fulfil their academic aspirations and boost the domestic education ecosystem," Avanse Financial Services.

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