Tuesday, March 28, 2023
Outlook India
Outlook Business

Avendus Capital

The company is seeking funding for aggressive expansion and production, with National Infrastructure Investment Fund and a US-based fund among those likely to participate

The fund-raise will be deployed to expand its presence and outreach to Indian students enabling them to fulfil academic aspirations and lead the development of the Indian education ecosystem.

The additional capital raised will be deployed towards scaling the existing business and diversifying its product offering by venturing into digitally enabled financial products