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.
With an eye on the future, Varthana has outlined ambitious objectives it aims to achieve by 2025:
Scaling up Operations
To impact over 10 million students, Varthana needs to substantially scale its operations. This will require ongoing investments in capital and human resources to support extended services and reach.
Partnerships and Collaborations
Realizing such a broad impact will also involve building strategic partnerships with various stakeholders in the education sector, including government bodies, non-profits, and other financial institutions.
Innovation in Financial Products
Varthana is also focused on innovating its financial offerings to tailor solutions that cater to the diverse needs of different educational settings.