71,500+
Network of students
1,800+
In Institutes
51
Across Countries
About Us

About Avanse

We’re an education-focused NBFC that provides customised education financing solutions to every deserving Indian student. Our range of solutions covers the holistic requirements of an education aspirant. We also provide growth and working capital needs of educational institutes in India.

Warburg Pincus, a pioneer of global growth investing, holds the majority stake in Avanse Financial Services. Kedaara Capital, an operationally oriented private equity firm pursuing control & minority investment opportunities in India, Mubadala Investment Company, a sovereign investor managing a global portfolio aimed at generating sustainable financial returns for the Government of Abu Dhabi, International Finance Corporation (IFC), an arm of the World Bank, and Avendus PE Investment Advisors, are the other shareholders of the organisation.

At Avanse, we have a vast network of students enrolled in 1,800+ educational institutions spanning across 51 countries. Furthermore, as of 31 March 2026, our overall distribution network stood at ~1,500, including education oan-focused aggregators (marketplaces) and other loan intermediaries partnering with us to fulfil the academic aspirations of millions of students.

Mission Icon

Mission

To make education financing seamless and affordable for every deserving Indian student.

Core Icon

Core

No deserving student should miss an opportunity to access quality education due to a lack of financing, irrespective of their social strata or co-borrower’s financial background.

Our Journey

FY

2013

First-year Completion of the Launch of Operations as an NBFC Providing Education Loans
  • Change in name of the Company from 'Abhivruddhi Holdings Private Limited' to 'Avanse Financial Services Private Limited'.

2015

Launch of New Business
  • Launched the Educational Institution Loan business

2019

New Business Line Launched & majority stake acquired by new shareholder
  • Launched Digital Lending Business
  • Acquisition of 80% stake by promoter, Olive Vine Investment Ltd., an affiliate of Warburg Pincus

2023

New Investment, Launch of Avanse’s Subsidiary & Enhanced Credit Ratings
  • First tranche of investment by Kedaara Capital Growth Fund III LLP for an amount of ₹6,000 million
  • Incorporation of a wholly-owned subsidiary – Avanse Global Finance IFSC Private Limited in GIFT CITY, Gandhinagar, Gujarat
  • Upgraded credit rating from A+ to AA-

2025

Financial Strength Validated
  • CRISIL awarded a rating of CRISIL AA-/stable

2014

New Investment in the Company
  • Investment by IFC for an amount of ₹127.49 million
  • The Company converted into a public limited company - Avanse Financial Services Limited

2018

Business Growth Phase
  • Crossed ~ ₹1,000 Crore AUM

2020

New Fund Line Created
  • Executed credit agreement for $15 million from WorldBusiness Capital Inc., guaranteed by the US International DFC

2024

Acquisition of Stakes & New Investments
  • Second tranche of investment by Kedaara Capital Growth Fund III LLP for an amount of ₹2,000 million
  • Acquisition of 4.13% stake by Kedaara Pichola Holding Limited for an amount of ~ ₹2,083 million
  • Investment by Alpha Investment Company LLC, an affiliate of Mubadala and Avendus Future Leaders Fund II, to the tune of ₹9,000 million and 1,000 million, respectively.

2026

Strong Credit Ratings & Fresh Capital Raised
  • India Ratings & Research assigned ‘IND AA/Stable’ for Bank Loans & NCDs & ‘IND A1+’ for its Commercial Paper
  • Raised ~₹1,200 crores from its existing shareholders (Warburg Pincus, Kedaara Capital & Alpha Investment Company LLC) via a rights issue.
  • 2013
  • 2014
  • 2015
  • 2018
  • 2019
  • 2020
  • 2023
  • 2024
  • 2025
  • 2026

Our Offerings

Our Cultural Pillars

government

Governance

Meritocracy

Meritocracy

Accountability

Accountability

Consistent Value Creation

Consistent Value Creation

Inclusivity

Inclusivity

Happiness Quotient

Happiness Quotient

Board of Directors

Management Team