Varthana Finance, backed by the renowned ChrysCapital, has successfully secured $10 million in debt funding from BlueOrchard Finance, a globally recognized impact investor. This move is part of a strategic effort to enhance the quality and accessibility of education in India by providing essential financial support to affordable private schools.
Founded in 2013, Varthana Finance has emerged as a key player in the Indian education sector, specializing in the financing of affordable private schools. The organization is driven by a commitment to fill the financial void many educational institutions face, enabling them to deliver quality education at reasonable costs. Varthana has shown robust growth over the years, with its assets under management now surpassing Rs 1,200 crore. Their financial solutions have facilitated numerous schools in enhancing their infrastructure, adopting advanced digital learning tools, and broadening their educational programs.
