Avanse Financial Services is India’s second-largest education-focused non-banking financial company (NBFC), dedicated to empowering deserving Indian students with customised education financing solutions. It was established in 2013, and since then, it has been on a mission to make education financing seamless and affordable for every deserving Indian student. For more than a decade now, Avanse has empowered more than 47,000 academic aspirants across 49 countries in 1,550+ international colleges. It provides customisable loan products that are categorised into three broad categories, i.e., Student Loans – International, Educational Institution Loans, and Education Loans – Domestic.
Warburg Pincus, a leading global private equity firm, holds the majority stake at Avanse Financial Services. The global growth investor is known for its highly diversified portfolio and has over ~$83 billion in assets under management across 260 companies. 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.
The Board of Directors of Avanse Financial Services are:
• Mr. Neeraj Swaroop, Chairman and Independent Director
• Ms. Vijayalakshmi R. Iyer, Independent Director
• Mr. Narendra Ostawal, Non-Executive Director
• Mr. Ravi Venkatraman, Independent Director
• Ms. Savita Mahajan, Independent Director
• Mr. Amit Gainda, Managing Director & Chief Executive Officer
• Mr. Sunish Sharma, Non-Executive Director
• Mr. Hemant Mundra, Non-Executive Director
The registered address of the company is 4th Floor, E Wing, Times Square, Gamdevi, Andheri Kurla Road, Marol, Andheri East, Mumbai 400059.
