Announced
Completed
Financials
Sources
Tags
Single Bidder
Acquisition
loan services
Consumer Lending
financial servies
Venture Capital
India
Cross Border
Private Equity
Minority
Friendly
Private
Completed
Synopsis
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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