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.
This new infusion of funds will significantly boost Varthana’s operational capabilities in various domains:
Expansion of Services
The additional $10 million will enable Varthana to increase its support to a wider network of schools across different regions. This includes not only geographical expansion but also a diversification of the financial products offered to educational institutions.
Enhanced Educational Quality
The funds are set to play a pivotal role in helping schools upgrade their facilities and educational quality. This encompasses integrating technology into classrooms, providing advanced training for teachers, and improving student amenities.
Inclusivity in Education
A core mission of Varthana is to ensure that quality education is accessible to students from all socioeconomic backgrounds. The new funding will aid in transforming more schools into inclusive environments where quality education is offered at subsidized rates.
