Startup Atlas · Education Finance

Varthana

Varthana Finance Private Limited ● Bengaluru, Karnataka ● Founded 2013 ● varthana.com ↗

Steve Hardgrave · Co-founder & Wholetime Director, Executive Vice Chairman Brajesh Mishra · Co-founder, Managing Director & CEO

$175.71 MnTotal funding (tracked)

13Funding rounds

22 Jan 2026Last round

Varthana: Funding Rounds

Disclosed round amounts over time, USD millions.

Date	Round	Amount	Investors	Source
22 Jan 2026	Debt	$16.5 Mn (₹150.78 Cr)	Symbiotics Triple Jump WaterEquity	source
9 Jul 2025	Debt	₹159 Cr (~$18.6 Mn)	BlueEarth Capital Franklin Templeton Alternative Investments responsAbility	source
17 Apr 2025	Debt	₹75 Cr (~$8.7 Mn)	OfBusiness Oxyzo Ambium Finserve IKF Finance	source
9 Dec 2024	Debt	₹120 Cr (~$15 Mn)	BlueOrchard Finance	source
20 May 2024	Debt	₹27 Cr (~$3.2 Mn)	Triodos Investment Management	source
17 Apr 2024	Debt	$10 Mn	BlueOrchard Finance	source
12 Jan 2024	Debt	₹116 Cr ($14 Mn)	Blue Earth Capital	source
31 Aug 2023	Debt	$2.5 Mn (Social Bond)	Symbiotics Investments	source
4 Jan 2023	Debt	₹56 Cr ($7 Mn)	MicroVest	source
1 Dec 2019	Debt	$8 Mn	Blue Earth Capital	source
1 Apr 2018	Series C	$55 Mn	ChrysCapital Elevar Equity Kaizen Private Equity LGT Impact Omidyar Network	source
14 Apr 2016	Series B	₹93 Cr ($14 Mn)	Kaizen Private Equity Zephyr Peacock India Elevar Equity LGT Venture Philanthropy Omidyar Network	source
1 Sep 2014	Series A	₹27 Cr	Omidyar Network Elevar Equity LGT Venture Philanthropy	source

Varthana: Investors

Symbiotics Triple Jump WaterEquity BlueEarth Capital Franklin Templeton Alternative Investments responsAbility OfBusiness Oxyzo Ambium Finserve IKF Finance BlueOrchard Finance Triodos Investment Management Blue Earth Capital Symbiotics Investments MicroVest ChrysCapital Elevar Equity Kaizen Private Equity LGT Impact Omidyar Network Zephyr Peacock India LGT Venture Philanthropy

Acquisitions

Date	Acquirer	Acquired	Amount	Source
19 Mar 2024	Varthana	Indian School Finance Company	₹126 Cr	source

FAQs on Varthana

How much funding has Varthana raised?

Varthana has raised $175.71 Mn across 13 tracked funding round(s), most recently on 2026-01-22. Figures are compiled from cited public sources.

Who are the investors in Varthana?

Investors in Varthana include Symbiotics, Triple Jump, WaterEquity, BlueEarth Capital, Franklin Templeton Alternative Investments, responsAbility, OfBusiness, Oxyzo.

Sources & corrections. Every fact on this page is compiled from cited public sources — follow the “source” links beside each entry. Profile sources: www.careratings.com · Last verified 15 Jul 2026. · Report a correction