Exclusive: Varthana Bags INR 75 Cr Debt Funding From OfBusiness, Oxyzo...

Varthana, a non-banking financial company (NBFC) focused on financing affordable private schools, has secured INR 75 crore in debt funding from OFBvance and Oxyzo, the lending arms of OFBusiness. This debt infusion will provide Varthana with additional capital to expand its lending operations and support the growth of budget private schools across India. The funding reflects the continued investor interest in the affordable education sector and the role of NBFCs in providing crucial financial support to this segment. Varthana aims to utilize these funds to reach more schools and empower them to improve their infrastructure and educational quality, contributing to the broader goal of accessible education.