Varthana Overview
- Founded
-
2012
- Status
-
Private
- Employees
-
474
- Latest Deal Type
-
Later Stage VC
- Latest Deal Amount
-
$7M
- Investors
-
13
Varthana General Information
Description
Provider of lending services intended to transform private education in India. The company's services offer secured and unsecured loans custom-built to suit a wide range of projects including renovating and adding infrastructure, libraries, playgrounds, labs, smart classes, teacher-training programs, and school buses, enabling private schools to provide access to education facilities to the students from the low-income group in India.
Contact Information
Website
www.varthana.com
Formerly Known As
Thirumeni Finance
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Specialized Finance
Other Industries
Other Financial Services
Primary Office
- Varasiddhi, 3rd Floor, Number 5BC-110 Service Road
- 3rd Block HRBR Layout
- Bengaluru, Karnataka 560043
- India
+91 080 0000 0000
Varthana Timeline
Varthana Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 15. Later Stage VC | 04-Jan-2023 | $7M | 00000 | Completed | Generating Revenue | |
| 14. Later Stage VC | 29-Dec-2021 | 000.00 | 00000 | 00000 | Completed | Generating Revenue |
| 13. Secondary Transaction - Private | 01-Aug-2020 | 00000 | Completed | Generating Revenue | ||
| 12. Debt - General | 04-May-2020 | 0000 | 00000 | Completed | Generating Revenue | |
| 11. Debt - General | 18-Dec-2019 | 000 | 00000 | Completed | Generating Revenue | |
| 10. Later Stage VC | 01-Jan-2019 | 00000 | Completed | Generating Revenue | ||
| 9. Later Stage VC (Series C) | 03-Apr-2018 | 0000 | 00000 | 00000 | Completed | Generating Revenue |
| 8. Debt - General | 12-Oct-2017 | 000 | 000.00 | Completed | Generating Revenue | |
| 7. Secondary Transaction - Private | 14-Nov-2016 | $42.6M | Completed | Generating Revenue | ||
| 6. Later Stage VC (Series B) | 11-Apr-2016 | $30.2M | $42.6M | 000.00 | Completed | Generating Revenue |
Varthana Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C1 | 00,000 | 00.000000 | 0000.00 | 0000.00 | 00 | 0000.00 | 00.000 | |
| Ordinary | 00 | 00.000000 | 0000.00 | 0000.00 | 00 | 0000.00 | 0.000 | |
| Series C | 00,000 | 00.000000 | 0000.00 | 0000.00 | 00 | 0000.00 | 00.000 | |
| Ordinary | 00 | 00.000000 | 0000.00 | 0000.00 | 00 | 0000.00 | 0.000 | |
| Series B | 00,000 | 000.000000 | 0000.00 | 0000.00 | 00 | 0000.00 | 00.000 | |
| Ordinary | 0,000 | 00.000000 | 0000.00 | 0000.00 | 00 | 0000.00 | 0.000 | |
| Preference | 0,000 | 00.000000 | 000.00 | 000.00 | 00 | 000.00 | 0.000 | |
| Ordinary | 10 | $1.324123 | $76.19 | $76.19 | 1x | $76.19 | 0% | |
| Preference | 55,606 | $1.324123 | $76.19 | $76.19 | 1x | $76.19 | 20.5% |
Varthana Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Financing
Details
Provider of lending services intended to transform private education in India. The company's services offer secured and
Specialized Finance
Bengaluru, India
474
As of 2022
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0000000000 0
00000
000000
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00000000000 0000000
Delhi, India
000
As of 0000
0000
0000000000 0
000000
Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliqu
00000 000000000 0000
New Delhi, India
00
As of 0000
00.000
00000 00000
00.000
Add Comparison
Varthana Competitors (11)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Indian School Finance Company | Venture Capital-Backed | Delhi, India | 000 | 0000 | 0000000000 0 | |
| 00000000 | Venture Capital-Backed | New Delhi, India | 00 | 00.000 | 00000 00000 | 00.000 |
| 000000 000000000 0 | Private Equity-Backed | Mumbai, India | 000 | 000.00 | 00000000000 | 000.00 |
| 000000 | Venture Capital-Backed | Jakarta Pusat, Indonesia | 000 | 0000 | 00000000000 | 0000 |
| 000000000 | Venture Capital-Backed | South Jakarta, Indonesia | 0 | 0000 | 0000000000 0 | 0000 |
Varthana Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
-
Verticals
Varthana Executive Team (8)
Varthana Board Members (18)
| Name | Representing | Role | Since |
|---|---|---|---|
| Anand Sudarshan | Varthana | Board Member | 000 0000 |
| Ankit Singhal | ChrysCapital | Board Member | 000 0000 |
| Anuradha Ramachandran | Omidyar Network | Board Member | 000 0000 |
| Ashish Agrawal | ChrysCapital | Board Member | 000 0000 |
| Brajeshkumar Mishra | Varthana | Co-Founder, Chief Operating Officer and Board Member | 000 0000 |
Varthana Signals
Growth Rate
0.80%
Weekly
Growth
Growth
Weekly Growth
0.80%, 93rd %
-35.5%.
530%
Size Multiple
219x
Median
Size Multiple
219x, 100th %ile
0.00x
0.95x.
413Kx
Key Data Points
Twitter Followers
5.5k
Similarweb Unique Visitors
15.0K
Majestic Referring Domains
314
Varthana Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
|---|---|---|---|---|---|
| MicroVest Capital Management | Asset Manager | Minority | 000 0000 | 000000 0 | |
| Blue Haven Initiative | Impact Investing | Minority | 000 0000 | 000000 0 | |
| U.S. International Development Finance Corporation | Government | Minority | 000 0000 | 000000 0 | |
| ChrysCapital | PE/Buyout | Minority | 000 0000 | 000000 0 | |
| GAWA Capital Partners | Impact Investing | Minority | 000 0000 | 000000 0 |