Education-focused NBFC Avanse Financial Services has raised Rs 1,200 crore through a rights issue subscribed by its existing shareholders Warburg Pincus, Kedaara Capital, and Alpha Investment Company LLC.
The capital infusion reflects continued investor confidence in Avanse’s growth strategy and its disciplined approach to capital planning. The company said the fundraise is aligned with its objective of building a diversified and resilient funding base while raising capital in a calibrated manner.
Avanse has maintained steady growth by focusing on financing higher education for Indian students across domestic and international institutions. The lender said its performance has been supported by strong execution capabilities and a robust risk management framework across its education loan portfolio.
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The newly raised capital will be deployed to scale education loan disbursements, support improvements in education-related infrastructure, and deepen partnerships with educational institutions and ecosystem participants.
Avanse Financial Services operates as a specialised education finance platform, catering to students pursuing undergraduate, postgraduate, and professional courses in India and abroad. The company continues to strengthen its position in the education lending segment amid rising demand for structured student financing solutions.
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