Avanse Financial Services: Funding, Investors & Team (Oct 2026)

Avanse is a new age education finance company. We are an Associate Company of Dewan Housing Finance Ltd. (DHFL), a leading player in the housing finance sphere. Avanse is a Non-Banking Finance Company (NBFC) and is regulated by the Reserve Bank of India. Avanse was conceived with the aim to fulfill the gnawing need for education finance at reasonable terms, thus enabling every student to pursue their right to an education of their choice and achieve their career goals. The word Avanse has been derived from the French word ‘Avance’, which means ‘to advance’. This meaning has become the cornerstone of the brand promise, which encourages students to chart out the course to their future, without encumbrances or any limits. The essence of the brand has thus been distilled and well encapsulated in the tagline: “Aspire Without Boundaries” In 1984, the Late Shri. Rajesh Kumar Wadhawan dreamed of a home for every Indian and thus was born DHFL, the housing finance brand that revolutionized the real estate sector. Today, it is one of India’s largest housing finance companies in the private sector, having helped hundreds of thousands of Indians to fulfill their dreams of owning a home. Taking a leaf from the DHFL book, Avanse is ready to do likewise to the education finance sector, by advancing loans with a difference. Students can rest assured that their dreams will be fueled well, paving the way for a bright future. Avanse empowers the Indian youth in their quest for a better future, by fueling their aspirations through easy access to education finance. They see an India where every student can aspire for a better future; an India where dreams can come true, and not be sacrificed at the altar of financial limitations. Avanse, understand the strength and potential of a young India and strive to be the wind beneath their wings, by providing education finance on the best terms possible. Avanse aims to provide hassle-free and 100% education finance to Indians, to study in India and abroad.

Avanse Financial Services has raised $48.8M across 1 round on record. The most recent is an undisclosed round of $48.8M announced in Sep 2022.

Avanse Financial Services' most recent funding round on record is an undisclosed round of $48.8M, announced in Sep 2022.

Amit Gainda is listed as CEO at Avanse Financial Services.

Avanse Financial Services is based in Mumbai, Maharashtra, India.

Avanse Financial Services is in the 501-1000 employee band.

Avanse Financial Services' latest round of $48.8M is above the $1.6M median round size for Education companies on FundedIQ across 1,474 tracked companies over the last two years.