Tech
Avanse Plans IPO Delay On US Visa Rules: Report
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SUMMARY
Avanse Financial Services is weighing a delay in its planned IPO amid slowing loan demand due to stricter US visa rules
The US is a top destination for Indian students seeking higher education, and Avanse Financial’s loan portfolio is closely linked to those pursuing degrees overseas
The fintech startup filed the DRHP for its INR 3,500 Cr IPO in June last year
Education loan-focused NBFC Avanse Financial Services
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