Varthana

Varthana - DFC Direct Loan

Borrower (s)
Varthana
Industry
Infrastructure/Education
Area of finance
Development Bank Finance
Region
Asia
Countries
India

Deal Overview

The US International Development Finance Corporation (DFC) has disbursed a loan to Varthana to expand access to education in India by providing financing to schools that serve low-income students. DFC financing will help Varthana reach more schools by meeting the company’s need for longer-term...

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The US International Development Finance Corporation (DFC) has disbursed a loan to Varthana to expand access to education in India by providing financing to schools that serve low-income students. DFC financing will help Varthana reach more schools by meeting the company’s need for longer-term capital that is unavailable in the Indian market. In addition to providing loans amid the COVID-19 cisis, Varthana has been helping schools implement digital learning tools and teaching methods so that students can continue their education remotely through the pandemic.  

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Deal Volume
$15m
Financial Close
04 May 2020

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