HomeInsightFUNDING NEWS- Newly Funded Startups 2024 Varthana Raises Rs 27 Cr Led by Triodos Investment Management

[Funding News] Varthana Raises Rs 27 Cr Led by Triodos Investment Management

Through non-converting debentures, Varthana has secured investment from Triodos Investment Management totaling Rs 27 crores.

With this support, Varthana will be able to reach a wider audience and help more students and schools improve their facilities, infrastructure, and educational foundation.

Varthana Finance aims to overcome this gap by providing short and long-term financing to more than 3,500 affordable private schools. These education institutions enroll children from low-income and lower middle-income households, thereby impacting the lives of an estimated 2.5 million children.

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Founded in 2013, Varthana is a Bengaluru-based organisation that provides academic and financial support to private schools in 16 states and union territories. Additionally, it offers loans to domestic students pursuing graduate, postgraduate, and technical education.

About Varthana

Brajesh Mishra and Steve Hardgrave founded Varthana, a Bengaluru-based company, in 2013. It is India’s largest school loan service.

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