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Companies that don't catch many eyeballs or seem flashy are often the ones making money. Avanse Financial Services Ltd. filed its DRHP last week for a 23,500 Cr IPO. It is an education-focused NBFC that provides hyper-personalized education financin

With NBFCs and banks dominating, it'll be tough for platforms like Leap or GrayQuest to grab significant market share. They might be acquisition targets instead.