How Warburg, Kedaara, IFC's bet played out as Avanse seeks over $1.2-bn valuation
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How Warburg, Kedaara, IFC's bet played out as Avanse seeks over $1.2-bn valuation

By Siddhant Mishra

  • 21 Jun 2024
Pro
How Warburg, Kedaara, IFC's bet played out as Avanse seeks over $1.2-bn valuation
Amit Gainda, managing director and chief executive officer, Avanse Financial Services

Avanse Financial Services, which counts marquee private equity firm Warburg Pincus as its controlling shareholder with another PE investor Kedaara Capital and Word Bank’s private sector investment arm IFC in its cap table, has set the ball rolling for its public float. The proposed issue will also provide a window ......

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