Avendus gets a Global Partner! Big Deal with Mizuho
This marks a major turning point for Avendus, a leading Indian financial services firm. The company has announced a strategic partnership with Mizuho, a giant Japanese financial group. Under this deal, a KKR affiliate will sell its stake, and Avendus will now enter its next phase of growth. Importantly, the company’s leadership and brand will remain fully intact.
Details of the deal…
On December 17, 2025, Avendus announced that Redpoint Investments Pte Ltd., an affiliate of KKR, will sell its stake to Mizuho Securities, a subsidiary of the Japanese financial giant Mizuho Financial Group.
Under this deal, Avendus co-founder and Executive Vice Chairman Ranu Vohra will also sell his stake.
However, he will remain in his current role until the deal is completed and all regulatory and statutory approvals are received. The company clarified that this transaction is entirely part of a strategic transformation.
Avendus will continue to be led by its founders, Gaurav Deepak and Kaushal Aggarwal. The company’s vision, strategy, and brand identity will remain fully intact with the existing leadership team.
The only difference is that Avendus will now directly benefit from Mizuho’s global scale, international network, and institutional strength.
Mizuho Financial Group is one of the world’s largest full-service financial institutions. It has approximately 20 million retail customers in Japan and serves about 80% of the country’s listed companies.
