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The Loaning Curve: Small-town private schools thrive post-covid as lenders bet on education sector growthAffordable private schools across India are experiencing a quiet revolution. Post-pandemic, these institutions are bouncing back and thrivi...- Gen Z now makes up nearly a quarter of BFSI workforce: Great Place To Work reportIndia's Banking, Financial Services, and Insurance sector sees a rise in Gen Z employees. A new report by Great Place To Work India highlig...
- Varthana receives 3 million euros of debt finance from Dutch investorVarthana, a non-bank lender in the education sector, secured 3 million euros in debt finance from Triodos Investment Management, enabling t...
- Varthana Finance secures $10 mn debt from BlueOrchard FinanceBengaluru-based Varthana Finance, backed by ChrysCapital, secures $10 million in debt from BlueOrchard Finance, a global impact investor. V...
- Varthana Finance to raise Rs 116 crore from Swiss investor Blue Earth CapitalThe debt fund will be raised at 12.85% all-embedded cost including hedging cost, Varthana co-founder and executive director Steve Hardgrave...
- Impact investor Asha Ventures announces first close of Rs 750 crore fundThe fund plans to make Series A investments in startups pursuing sustainability and inclusion themes—in the education, financial services, ...
- Warburg to unlock $250-300 million by diluting its stake in AvanseWarburg owns about 80% stake in Avanse. World Bank's arm International Finance Corporation (IFC) owns remaining 20% stake in the non bankin...
- Cheaper fund makes NBFCs breathe easyEven the lesser known lenders such as KrazyBee, Varthana Financial, Dar Credit, and Village Financial Services are availing 90-day credit a...
- US-based DFC backs IndusInd Bank's loan to Aviom India Housing FinanceIndia's micro-housing sector has got a boost with US-based Development Finance Corporation (DFC) taking exposure in Delhi-based startup Avi...
- US financial body gives $15 mn loan to Indian startup to expand access to quality educationLow-fee private schools have stepped in to provide low- and middle-income families access to quality, affordable education. However, these ...
- CX Partners, IFC, ADB may buy 80% in Indian School FinancePrivate equity firm CX Partners, the ADB and the World Bank arm IFC are in the process of acquiring about 80% of Indian School Finance Co P...
- Warburg Pincus buys 80% stake in Avanse FinancialThe rest 20 per cent stake is held by International Finance Corporation.
- Wadhawan Global in talks to sell edu fin arm AvanseWarburg Pincus, Kedaara Partners, CX Partners, PremjiInvest and Centrum Capital are in discussions to acquire the 80% stake in Avanse.
- Former SBI chairperson Arundhati Bhattacharya joins ChrysCapital as advisorA ChrysCapital spokesperson has confirmed the development while Bhattacharya did not respond to calls.
- Blockbuster exit for Asha Impact from NBFC VarthanaFounded by Genpact’s former CEO, Pramod Bhasin and Vikram Gandhi who was previously with Credit Suisse and Morgan Stanley, Asha Impact foll...
- Fintech, B2C startup funding grows 6xA sizable portion of the investments last month were grabbed by Paytm Mall ($445 million). Varthana, which offers financial support to affo...
- ChrysCapital Pumps Rs 350 crore into VarthanaFounded five years ago by former ICICI Bank executive Brajesh Mishra and Steve Hardgrave, the NBFC has provided loans to over 3,500 schools...
- Varthana gets $3 million fund from Dell Foundation for school programmesVarthana's STP is an initiative aimed at improving the quality of learning in affordable private schools.
- Varthana bags Rs 93 crore in Series B fundingSteve Hardgrave CEO of Varthana said, existing investors Elevar Equity, LGT Venture Philanthropy and Omidyar Network also participated in t...
- Karnatataka-based school lender Varthana to raise Rs 120 crorefounder Hardgrave said that the firm had already raised Rs 27.3 crore from foreign investors, as part of the first round of capital raising.
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