Warburg Pincus-backed Avanse Financial Services raises $98m from Kedaara Capital

Warburg Pincus-backed Avanse Financial Services raises $98m from Kedaara Capital

Photographer: Xaume Olleros/Bloomberg

Warburg Pincus-backed education loan company Avanse Financial Services on Thursday said it has received $98 million (Rs 800 crore) in funding from private equity firm Kedaara Capital.