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Varthana Nets 159 Cr Debt To Scale Affordable Schools, Boost Green Infra

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SUMMARY

The debt funding was raised from BlueEarth Capital, Franklin Templeton Alternative Investments 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

Varthana’s net profit jumped nearly 6X YoY to INR 30.9 Cr in FY24, while operating revenue grew 52% to INR 284.3 Cr

Education-focussed NBFC Varthana has secured INR 159 Cr (about $18.6 Mn)…

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