Avendus
Avendus, founded in 1999 and headquartered in Mumbai, is a large financial services company specializing in investment banking, fundraising, private equity, and wealth management, among other areas.
Company Overview
Avendus operates in the Financial Services industry and was founded in 1999. The company has a team size of 547, classifying it as a large business. Avendus focuses on bringing together ideas, innovation, and people to assist high-performing entrepreneurs in achieving their goals. The company has established itself as a significant player in investment banking and has expanded its services to include fundraising, private equity, mergers, acquisitions, and wealth management.
Specializations
Avendus specializes in various financial services, including investment banking, fundraising, private equity, mergers, acquisitions, and equity capital markets. The company also offers wealth management, asset management, credit solutions, institutional equities, and institutional research. These specialties enable Avendus to cater to a diverse clientele and facilitate complex financial transactions.
Global Presence
Avendus has a global presence with offices in New York and London, established in 2007, alongside its headquarters in Mumbai and additional offices in New Delhi, Bangalore, Ahmedabad, and Pune. The company has expanded its reach to eleven cities across four countries, enhancing its capability to serve international clients and engage in cross-border transactions.
Corporate Social Responsibility Initiatives
Avendus is actively involved in corporate social responsibility (CSR) initiatives. The company has partnered with various NGOs, such as Samarthanam Trust for the Disabled and Kherwadi Social Welfare Association, to support education and entrepreneurship for disadvantaged groups. Initiatives include mentorship programs for women entrepreneurs, medical check-up camps, and environmental projects like tree plantation drives.
Recent Developments
In recent years, Avendus has made significant strides, including the acquisition of the Institutional Equities business of Spark Capital in 2022 and the launch of new business segments in credit solutions and asset management in 2016. The company has also closed around 40 cross-border transactions in the past five years, reinforcing its position as a leading investment bank in India and Asia.