TNN / Updated: Mar 27, 2024, 04:50 IST
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MUMBAI: Education loan provider
Avanse Financial Services
has raised Rs 1,000 crore equity from Mubadala Investment Company and Avendus PE Investment Advisors.
Avanse said that the fund infusion will help in growing its business profitably. The company funds Indian students’ education across various countries and provides growth and working capital to Indian educational institutions.
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