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
-
Sectors
Financial ServicesEducation
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$299.14 M (USD)
in 15 rounds
-
Latest Funding Round
$200 M (USD), Debt – Conventional
Aug 21, 2025
-
Investors
HSBC
& 19 more
-
Employee Count
Not available
-
Acquired by
Warburg Pincus
(Mar 16, 2019)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of Avanse
Unlock access to complete
Unlock access to complete
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.
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 |
|---|---|---|---|---|
|
Private equity firm focused on growth companies
|
Locked | Locked | Locked | |
|
IFC is focused on private sector development in emerging markets.
|
Locked | Locked | Locked | |
|
Multi-stage private equity investments are pursued across diverse sectors.
|
Locked | Locked | Locked |
Investor details for Avanse
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Avanse
Investment portfolio details for Avanse
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Avanse
Detailed financials for Avanse
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Avanse Comparisons
Peer comparison for Avanse
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
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 |
|---|---|---|---|---|
| Locked | Locked | Locked |
School and student loan solutions are provided for educational needs.
|
|
| Locked | Locked | Locked |
Financial products for education loans and services are provided.
|
|
| Locked | Locked | Locked |
Short-term loans for K-12 school fees are offered to parents.
|
|
| Locked | Locked | Locked |
Offers fast and easy student loans for education across India.
|
|
| Locked | Locked | Locked |
Provides comprehensive solutions for education loans to support student financing.
|
|
| Locked | Locked | Locked |
Provides student loans tailored for vocational training programs.
|
Detailed competitors of Avanse
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Avanse
Complete news archive for Avanse
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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.
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.