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...
16 Apr, 2024, 10.45 AM IST
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...
09 Jan, 2024, 10.13 PM IST
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, ...
14 Dec, 2023, 12.56 PM IST
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...
10 Aug, 2022, 12.37 AM IST
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...
02 Sep, 2020, 08.28 AM IST
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...
04 Aug, 2020, 08.47 PM IST
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 ...
05 May, 2020, 01.12 PM IST
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...
28 Oct, 2019, 07.35 AM IST
Warburg Pincus buys 80% stake in Avanse FinancialThe rest 20 per cent stake is held by International Finance Corporation.
16 Mar, 2019, 02.46 PM IST
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.
26 Feb, 2019, 08.11 AM IST
Former SBI chairperson Arundhati Bhattacharya joins ChrysCapital as advisorA ChrysCapital spokesperson has confirmed the development while Bhattacharya did not respond to calls.
10 Oct, 2018, 08.17 AM IST
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...
14 May, 2018, 05.54 PM IST
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...
12 May, 2018, 01.20 PM IST
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...
04 Apr, 2018, 11.13 PM IST
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.
12 Oct, 2017, 01.59 PM IST
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...
14 Apr, 2016, 01.40 AM IST
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.
21 Aug, 2015, 04.00 AM IST