Jan 24, 2023

Warburg Pincus and Avanse Financial Services Limited on the primary investment in Avanse by Kedaara Capital Growth Fund III LLP

AZB & Partners acted for Warburg Pincus and Avanse Financial Services Limited (‘Avanse’), an education focused NBFC, on the primary investment in Avanse by Kedaara Capital Growth Fund III LLP for a total consideration of upto INR 800 crores.

The deal team comprised our Senior Partner Vaidhyanadhan Iyer, Senior Associates Sneha Nagvekar and Himanshoo Tembe, Associates Pankti Lapasia, Manhar Chaudhary and Freya Irani, with assistance on due diligence from our Counsel Rina Goyal, Senior Associate Sudeshna Panigrahi, Associates Deepti Narayanan, Ashish Narang, Sukanya H. Hosmani, Rimjhim Mishra, Vaishnavi Kanchan (she/her) and Prachi Kulkarni.

https://www.prnewswire.com/in/news-releases/avanse-financial-services-raised-primary-capital-of-800-cr-from-kedaara-capital-301725699.html

 

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