Venture Capital

In its first financial services bet in India, Mubadala leads Avanse’s $120m funding

Avendus PE also participated in the funding round of the educational loan provider.

Deals

India Deal Review: At $1.5b in May, startup funding highest so far this year

The amount, however, is almost 30% lower than the high of $2.2 billion in May 2022.

Venture Capital

Student loan startup MPOWER Financing secures $150m in debt from Goldman Sachs

Last year, MPOWER had closed a financing facility with Deutsche Bank.

Venture Capital

India: Education loan provider MPOWER raises $100m from Tilden Park, others

The new funding is in addition to the $30 million MPOWER raised earlier this year.

Venture Capital

India: Student loan provider MPOWER raises $25m from Tilden Park

MPOWER plans to hire over 50 employees in Bangalore this year.

Venture Capital

India Dealbook: MPower snags $100m debt from Goldman; Y Combinator backs Lokal

India currently comprises 25 per cent of MPower's total loan book. 

Deals

India: Zephyr-backed MPower to raise $100m debt to grow loan book

Zephyr Peacock-backed MPower Financing is looking to raise $100 million in debt to grow its loan book.