Kolkata-based Varthana Finance, supported by ChrysCapital, has secured $10 million debt from BlueOrchard Finance, a global impact investor. Varthana focuses on providing loans to affordable private schools and students, aiming to make quality education more accessible. The funds raised will enable Varthana to expand its reach and support a larger network of affordable private schools. The company aims to ensure quality education for every child, regardless of socio-economic background, and is working towards making education accessible to over 10 million students by 2025.

This latest funding comes within three months of Varthana raising another debt from Swiss investor, Blue Earth Capital. Established in 2013, Varthana has already managed assets worth over Rs 1200 crore and plans to continue expanding its reach to achieve its educational mission.

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