Lender to affordable private schools Varthana raises $2.5-M from Symbiotics

Varthana, a Bengaluru-headquartered lender to affordable private schools, has raised INR 20.77 crore (USD 2.5 million) from Symbiotics Group. Varthana will use the funds to support more affordable private schools in rural and semi-urban regions. It will finance equipment purchases, construction and refurbishment of the facilities.