Avanse Financial Services raises Rs 250 crore under government initiatives

Kolkata: Avanse Financial Services Ltd. (Avanse), India’s new age, education-focused non-banking financial company (NBFC) has raised a total sum of Rs 250 crore under government initiatives. 

Rs 100 crores have been raised through the Targeted Long Term Repo Operation (TLTRO) window 2.0 by RBI from leading public sector banks and ₹150 crore under the Partial Credit Guarantee (PCG) Scheme. 

In unprecedented times like this, Avanse has geared up to be an Enabler for Educational Excellence with instrumental collaborations and smart innovations.