Avanse Financial Services, an education focused non-banking financial company (NBFC) on Tuesday said it has raised ₹250 crore through RBI’s targeted long-term repo operation (TLTRO 2.0) and the government’s partial credit guarantee (PCG) scheme.
Private equity major Warburg Pincus-led Avanse has raised ₹100 crore through TLTRO 2.0 and ₹150 crore via PCG scheme.