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Inc42 @Inc42 on x 51.1K followers
Created: 2025-07-09 11:02:43 UTC
Education-focussed NBFC @varthanaindia has secured INR XXX Cr (about $XXXX Mn) in debt funding from BlueEarth Capital, Franklin Templeton Alternative Investments (Franklin Templeton AIF) and responsAbility. 👇
The NBFC plans to use the funding to expand access to quality education across India and support schools in building a sustainable and energy-efficient infrastructure, it said in a statement. Further, it also plans to enhance access to solar and renewable energy solutions in schools.
Founded in 2013 by Steve Hardgrave and Brajesh Mishra, Varthana offers low-cost, collateral-free loans, with customised EMI options, to private schools and students. It provides student loans of up to INR X Lakh for degree and post-graduate (PG) courses, two-year pre-university college degrees, certification courses and skill enhancement courses.
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XXX engagements
Related Topics india alternative investments franklin templeton franklin debt indian rupee