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Varthana raises $3 mn from Dell Foundation to expand school program

Varthana provides services such as debt financing, assessments in 337 participating schools across 5 states

Press Trust of India  |  New Delhi 

School, teacher, science, students

Bengaluru-based school finance company on Thursday said it has received funding of $3 million from the to expand its school transformation program.

Varthana's school transformation program (STP) is an initiative aimed at improving the quality of learning in affordable


"The total investment in the proposed expansion of the STP is $10 million, of which the has contributed $3 million through an innovative pay-for-performance debt facility," said in a statement.

"The innovative facility allows participating schools and to be rewarded up to 10 per cent of the loan amount for improving student learning outcomes by 5 to 10 per cent," it added.

provides services such as debt financing, assessments in 337 participating schools across 5 states.

First Published: Thu, October 12 2017. 18:01 IST
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