Avanse IPO Delay: US Visa Rules Impact Education Loans

Avanse Financial Services, an Indian education loan provider, is considering postponing its IPO due to stricter US visa rules causing a sharp decline in Indian students attending American universities. With international loans heavily focused on the US, Avanse faces decreased demand and is adopting a cautious approach, awaiting more favorable market conditions. Despite securing a $200 million loan to bolster its finances, the company's IPO plans remain uncertain as the education financing market navigates these visa-related challenges. Hosted on Acast. See acast.com/privacy for more information.