About Avanse
Avanse is a company based in Mumbai (India) founded in 1992 was acquired by Warburg Pincus in March 2019. Avanse has raised $299.14 million across 15 funding rounds from investors including HSBC, DBS Bank and Avendus. Avanse operates in a competitive market with competitors including Varthana, Auxilo, Neev Finance, Kashmir Finance and Vidyashri, among others.
- Headquarter Mumbai, India
- Stage Unicorn
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Sectors
Financial ServicesEducation
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Email
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$299.14 M (USD)
in 15 rounds
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Latest Funding Round
$200 M (USD), Debt – Conventional
Aug 21, 2025
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Investors
HSBC
& 19 more
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Employee Count
Employee Count
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Acquired by
Warburg Pincus
(Mar 16, 2019)
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People of Avanse
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Funding Insights of Avanse
Avanse has successfully raised a total of $299.14M across 15 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $200 million completed in August 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 15
- Last Round Debt – Conventional — $200.0M
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First Round
First Round
(25 Mar 2006)
- Investors Count 19
Investors in Avanse
Avanse has secured backing from 20 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include HSBC, DBS Bank and Avendus.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Private equity firm focused on growth companies
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Founded Year | Domain | Location | |
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IFC is focused on private sector development in emerging markets.
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Founded Year | Domain | Location | |
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Multi-stage private equity investments are pursued across diverse sectors.
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Founded Year | Domain | Location |
Investments & Acquisitions by Avanse
Financial Statements - Avanse
Avanse Comparisons
Competitors of Avanse
Avanse operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Varthana, Auxilo, Neev Finance, Kashmir Finance and Vidyashri, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
School and student loan solutions are provided for educational needs.
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| domain | founded_year | HQ Location |
Financial products for education loans and services are provided.
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| domain | founded_year | HQ Location |
Short-term loans for K-12 school fees are offered to parents.
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| domain | founded_year | HQ Location |
Offers fast and easy student loans for education across India.
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| domain | founded_year | HQ Location |
Provides comprehensive solutions for education loans to support student financing.
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| domain | founded_year | HQ Location |
Provides student loans tailored for vocational training programs.
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Frequently Asked Questions about Avanse
Avanse was founded in 1992 and raised its 1st funding round 14 years after it was founded.
Avanse is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Amit Gainda is the current CEO of Avanse.
Avanse is a funded company, having raised a total of $299.14M across 15 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $145M, raised on Mar 25, 2006.
Avanse Financial Services was founded in 1992 and is headquartered in Mumbai, India. Operations focus on the financial services sector, with products tailored for education. Loans and refinancing options are extended to students pursuing higher education, skill enhancement programs, and executive education. Financial assistance is also provided to educational institutions to support their activities.
Avanse's top competitors include Auxilo, Varthana and Neev Finance.
Avanse has 20 investors. Key investors include HSBC, DBS Bank, Avendus, International Finance Corporation, and Piramal Finance.
The valuation of Avanse is $1.08B as of Mar 2024.