Varthana Overview

  • Founded
  • 1984
Founded
  • Status
  • Private
  • Employees
  • 457
Employees
  • Latest Deal Type
  • Later Stage VC
  • Latest Deal Amount
  • $14.2M
Latest Deal Amount
  • Investors
  • 11

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 the wide range of projects including renovating and adding infrastructure including 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
Consumer Finance
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

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth
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Varthana Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
13. Later Stage VC 01-Jul-2021 $14.2M 00000 00000 Completed Generating Revenue
12. Secondary Transaction - Private 00000 Completed Generating Revenue
11. Debt - General 04-May-2020 0000 00000 Completed Generating Revenue
10. Debt - General 18-Dec-2019 000 000.00 Completed Generating Revenue
9. Later Stage VC (Series C) 03-Apr-2018 0000 000.00 00000 Completed Generating Revenue
8. Debt - General 12-Oct-2017 000 0000 Completed Generating Revenue
7. Secondary Transaction - Private 14-Nov-2016 0000 Completed Generating Revenue
6. Early Stage VC (Series B) 11-Apr-2016 000.00 0000 000.00 Completed Generating Revenue
5. Later Stage VC 01-Dec-2015 $789K $9.4M 00.000 Completed Generating Revenue
4. Debt - General 27-Jul-2015 $2M $8.6M Completed Generating Revenue
To view Varthana’s complete valuation and funding history, request access »

Varthana Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Preference 00,000 0000.00 0000.00 00 0000.00 00.000
Preference 00,000 0000.00 0000.00 00 0000.00 00.000
Ordinary 0,000 0000.00 0000.00 00 0000.00 0.000
Preference 1,252 $53.73 $53.73 1x $53.73 0.46%
Preference 47,435 $78.16 $78.16 1x $78.16 17.49%
To view Varthana’s complete cap table history, request access »

Varthana Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Provider of lending services intended to transform private education in India. The company's services offer secured and
Specialized Finance
Bengaluru, India
457 As of 2021
00000
0000 0000-00-00
0000000000 0 00000

000000 0

n ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in
00000000 0000000
Mumbai, India
000 As of 0000
000.00
000000 - 000 000.00

0000000

enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo conseq
00000000000 0000000
Chennai, India
000 As of 0000
000.00
00000000000 000.00
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Varthana Competitors (10)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Avanse Financial Services Private Equity-Backed Mumbai, India 000 000.00 000000 - 000 000.00
0000000 0000000 Venture Capital-Backed Chennai, India 000 000.00 00000000000 000.00
00000000 Venture Capital-Backed New Delhi, India 00 00000 00000 00000
000000 000000000 Formerly VC-backed Washington, DC 000 00000 00000000 00000
000000 000000 0000 Venture Capital-Backed Delhi, India 000 0000 0000000000 0
You’re viewing 5 of 10 competitors. Get the full list »

Varthana Executive Team (8)

Name Title Board Seat Contact Info
Brajeshkumar Mishra Co-Founder, Chief Operating Officer and Board Member
Steven Hardgrave Co-Founder, Chief Executive Officer and Board Member
Pratap R Chief Financial Officer
Jitendra Sohoni Chief Risk Officer
Arjun Johra Manager-Credit & Operations
You’re viewing 5 of 8 executive team members. Get the full list »

Varthana Board Members (15)

Name Representing Role Since
Abraham Chacko Varthana Board Member 000 0000
Anand Sudarshan Varthana Board Member 000 0000
Anuradha Ramachandran Omidyar Network Board Member 000 0000
Ashish Agrawal ChrysCapital Board Member 000 0000
Ashish Garg Varthana Board Member 000 0000
You’re viewing 5 of 15 board members. Get the full list »

Varthana Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-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

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Varthana Investors (11)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Blue Haven Initiative Impact Investing Minority 000 0000 000000 0
ChrysCapital PE/Buyout Minority 000 0000 000000 0
GAWA Capital Partners Impact Investing Minority 000 0000 000000 0
Lightrock (Bangalore) Venture Capital Minority 000 0000 000000 0
Kaizenvest PE/Buyout Minority 000 0000 000000 0
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