In its first financial services bet in India, Mubadala leads Avanse's $120m funding

In its first financial services bet in India, Mubadala leads Avanse's $120m funding

Photographer: Jonathan Drake/Bloomberg News

Warburg Pincus-backed educational loan provider Avanse Financial Services has raised Rs 1,000 crore ($120.6 million) in equity led by Abu Dhabi sovereign wealth fund Mubadala Investment Company.

Edited by: Pramod Mathew

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