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Mubadala steps up Asia investment drive

Mubadala enters India's financial services sector with Avanse investment

Business News: Avanse Financial Services​​ ​appoints Vineet Mahajan as​ CFO

Avanse Financial Services appoints Vikrant Gandhi as CFO

Avanse Financial Services, an education-focused non-banking financial company, has appointed Vikrant Gandhi as its Chief Financial Officer. With over 28 years of experience in BFSI, automobile, and consumer brand sectors, Gandhi will focus on financial strategizing to ensure Avanse remains on its growth trajectory, overseeing governance, compliance, risk, and asset positions.

Nearly half trying to study abroad now women

An increasing number of Indian women are pursuing higher education overseas, particularly in STEM courses. They benefit from scholarships and funding opportunities, driven by societal shifts towards gender equality. Avanse Financial Services and loan agencies support this trend by offering incentives to attract female students.

Nearly Half Trying to Study Abroad Now Women - EducationTimes.com

foreign degree: Women from hinterlands seek foreign degrees

Young women in India's smaller towns and rural areas are increasingly pursuing foreign degrees, as evidenced by the rising demand for educational loans and applications to international universities. Avanse Financial Services reports that as of December, nearly 45% of students availing educational loans from non-metro cities are women. This trend has been growing post-pandemic, with female students showing interest in traditionally male-dominated fields like STEM courses.

Grapevine: Avanse Financial shortlists bankers ahead of IPO; GMR Airports raises debt

Mumbai-based Avanse Financial Services, backed by private equity major Warburg Pincus, Kedaara Capital and the International Finance Corporation (IFC), has shortlisted six bankers for its ......

overseas education: Towns a study in aspirational borrowing as overseas education calls

​As much as 70-72% of the students funded by Avanse Financial Services in 2023 belonged to tier II-III and beyond, said the education-focused nonbanking financial companys managing director and chief executive, Amit Gainda. He attributes the growing demand to aspiration among youngsters from the hinterlands to access foreign education and have a better standard of living.

Towns A Study in Aspirational Borrowing as Overseas Edu Calls

A growing desire for international education is sweeping small towns across the country, spurring demand for study loans and underscoring the burgeoning ambitions of young Indians.