Avanse Financial Services bags Rs 1,000 Cr led by Mubadala

Mumbai-based Avanse Financial Services Ltd, an education-focused non-banking financial (NBFC) company, has raised Rs 1,000 crore in a funding round led by Abu Dhabi-based Mubadala Investment Company and Avendus PE Investment Advisors Private Limited through its fund Avendus Future Leaders Fund II.