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The Times of India
The Times of India
National
TNN

Avanse Fin raises Rs 357 crore in securitisation deal

AHMEDABAD: Education loan firm, Avanse Financial Services Ltd, on Thursday raised Rs 357 crore through securitisation transaction from a global financial institution, the company announced on Thursday. The transaction was facilitated by Northern Arc Capital. This fund will be utilized towards making education financing seamless and affordable, according to the non-banking finance company.

The transaction was facilitated by Northern Arc Capital, and the corpus will support the expansion of the non-banking finance company’s education financing programme.

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