Avanse, a student lender backed by Warburg, files for an IPO worth Rs 3,500 crore

Warburg-backed student lender Avanse files for Rs 3,500-crore IPO

Avanse Financial Services Limited: With its primary office located in Mumbai and backing from Warburg Pincus, Kedaara Capital, and IFC, Avanse Financial Services has submitted draft documents to SEBI in an attempt to earn ₹3,500 crore via an initial public offering (IPO). With this possible listing, India’s first non-banking financial company (NBFC) with an emphasis … Read more