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External Commercial Borrowing

Avanse net profit jumps 47% to Rs 502 crore in FY25

Avanse net profit jumps 47% to Rs 502 crore in FY25

11 Sep 2025, 12:55 PM

The company’s assets under management (AUM) stood at Rs 18,985 crore as on March 31, 2025 as compared to Rs 13,303 crore in the previous financial year.

Avanse Financial Services raises $200 million in debt via ECB

Avanse Financial Services raises $200 million in debt via ECB

21 Aug 2025, 11:29 AM

The loan was raised from a syndication of banks from Taiwan, Japan, Singapore, Sri Lanka, the UAE, and India.

Who Reads Us

Fintech Highlights

  1. Moglix's financing arm Credlix buys majority stake in Vanik Finance

  2. Aspora ropes in former Paytm Money CEO Varun Sridhar to head wealth & lending division

  3. Pine Labs Q2 revenue up 18% to Rs 650 crore, swings to profit

  4. Digital NBFCs’ personal loan sanctions jump 25% to Rs 97,381 crore in H1 FY26: FACE

  5. Mannjal bags seed funding led by Arali Ventures, B Capital

  6. Read more news...

AI/Emerging Tech

  1. Chicago Tribune files lawsuit against Perplexity for copyright infringement

  2. Anthropic expands partnership with Snowflake in $200 million multi-year deal

  3. AWS launches three new frontier AI agents

  4. Anthropic prepares to float IPO in 2026, hires law firm

  5. Aakrit Vaish launches India-focused AI fund Activate

  6. Read more news...

IPO Tales

  1. Boat IPO: A second shot amid management shake-up, flat revenues, eager to exit investor

  2. From social-commerce darling to e-commerce challenger: Inside Meesho’s IPO

  3. The Bull Run Broker: Inside Groww's $7 billion IPO

  4. Pine Labs IPO Playbook: Between DRHP Gloss and Ground Reality

  5. Read more news...

Money & Machines

  1. ONDC confused me for years — now AGI is confusing everyone

  2. The Paytm Ledger; How Dunzo's Biswas lit up India's next AI deal wave

  3. Two crises, one theme — how tech is testing fintech and journalism

  4. Bankers Test the Market; OpenAI Tests the Law + Funding Exclusive

  5. Previous editions...

Editor's Pick

  1. ED orders Yes Bank to freeze accounts linked to BranchX, Frenzopay

  2. The shadow economy of online gaming: How money moves beyond the screen

  3. A VC in photos, a different story in business? Behind the facade of Foxhog’s Tarun Poddar

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