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 is reportedly weighing a delay in its planned initial…

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