Avanse Financial Services Ltd. (Avanse), an education-focused non-banking financial company (NBFC), today announced that it has raised primary capital of ₹1,000 crores. This round of funding was led by Mubadala Investment Company (“Mubadala”), the Abu Dhabi-based investment company, with participation from Avendus PE Investment Advisors Private Limited via its fund Avendus Future Leaders Fund II.