Avanse Financial Services secured Rs 1,000 crore in equity funding led by Mubadala Investment Company to strengthen its position in education financing segment.
Mar 26, 2024•over 1 year ago
Investors
Avendus Pe Investment AdvisorsMubadala Investment Company
Description
Avanse Financial Services has raised Rs 1,000 crore in an equity funding round led by Mubadala Investment Company, with participation from Avendus PE Investment Advisors. The fund infusion will help strengthen its position in the education financing segment through sustained profitable growth with a focus on improving customer experience.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers