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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)…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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)…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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