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HomeBusinessAbu Dhabi fund bets Rs 1k crore on education loan company

Abu Dhabi fund bets Rs 1k crore on education loan company

TNN / Updated: Mar 27, 2024, 04:50 IST

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Abu Dhabi fund bets Rs 1k crore on education loan company

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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