{"id":26261,"date":"2024-11-18T12:45:19","date_gmt":"2024-11-18T12:45:19","guid":{"rendered":"https:\/\/varthana.com\/school\/?p=26261"},"modified":"2026-01-14T05:57:41","modified_gmt":"2026-01-14T05:57:41","slug":"how-varthana-is-expanding-to-unlock-education-potential-in-india","status":"publish","type":"post","link":"https:\/\/varthana.com\/school\/how-varthana-is-expanding-to-unlock-education-potential-in-india\/","title":{"rendered":"How Varthana is Expanding to Unlock Education Potential in India"},"content":{"rendered":"<h2><span style=\"font-weight: 400;\">Introduction<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Education strongly influences India&#8217;s progress, but many schools in rural areas find it hard to provide good education. A recent <\/span><a href=\"https:\/\/www.indiatoday.in\/education-today\/latest-studies\/story\/42-of-rural-children-struggle-aged-14-18-unable-to-read-english-report-2490218-2024-01-18\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">ASER study<\/span><\/a><span style=\"font-weight: 400;\"> of over 34,000 rural youths across 26 states and 28 districts showed that 42% of teens aged 14 to 18 can&#8217;t read basic English well, while more than half struggle with simple division. These numbers show we need to improve the education system quickly to ensure every student learns the basics.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">To address this, the government and non-banking financial companies (NBFCs) have started to take action to boost education across the country. Programs like the PM SHRI Scheme, which began in 2022, aim to improve school education, with 14,500 schools already using the policy. Along with these efforts, NBFCs like Varthana have played a big part in helping this change in areas that need more support.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">By 2024, NBFCs have had a huge effect on the education field. Their Assets Under Management (AUM) went up by more than <\/span><a href=\"https:\/\/bfsi.economictimes.indiatimes.com\/news\/nbfc\/domestic-higher-education-financing-holds-potential-for-nbfcs-varthana-ceo\/114989932\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">70%<\/span><\/a><span style=\"font-weight: 400;\">, demonstrating their growing influence.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">A 2024 report in <\/span><a href=\"https:\/\/www.thehindubusinessline.com\/money-and-banking\/bengaluru-based-nbfc-varthana-raises-14-million\/article67733641.ece\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">The Hindu Business Line<\/span><\/a><span style=\"font-weight: 400;\"> shows that NBFCs have funded over 9,500 affordable private schools in the last ten years and given more than 15,000 loans to help schools grow and improve their facilities. These actions boost school resources and help raise education standards in areas that lack good schools.\u00a0<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">Varthana&#8217;s Journey: A Base for Growth<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Varthana started in Bengaluru in 2013 and has become a major player in India&#8217;s education sector. The organization works in 15 states and 40 cities to make affordable schooling available to every child who hasn&#8217;t had the chance to learn in life in this country.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The core values of Varthana center on recognizing and addressing the challenges that school leaders face daily in providing quality education in some of the most rural parts of India. Since financial support is hard to come by for such budget private schools, Varthana is dedicated to helping them unlock their school&#8217;s full potential, enabling them to compete effectively with neighboring schools. These institutions also boost students toward reaching top academic heights and pursuing the careers they&#8217;ve always wanted, leading them to a brighter future.<\/span><\/p>\n<p><a href=\"https:\/\/varthana.com\/school\/apply\/?utm_source=website&amp;utm_medium=blog&amp;utm_campaign=school\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\"  title=\"\" src=\"https:\/\/varthana.com\/school\/wp-content\/uploads\/2024\/08\/CTA-School-Banner-1-5.jpg\" alt=\"CTA\" \/><\/a><\/p>\n<h2><span style=\"font-weight: 400;\">Broadening Horizons: Unleashing Talent Throughout India<\/span><\/h2>\n<h3>A. Geographical Expansion<\/h3>\n<p><span style=\"font-weight: 400;\">&#8220;We believe education transforms people, and therefore it is needed to unlock that potential,\u201d is what Steve Hardgrave, co-founder and CEO of Varthana says. This is what the organization takes to heart, pushing forward with its vision for providing school enrollment as financial support so that students have the power to reach their full potential.<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"Budget Private Schools &amp; Future of Schooling with @Varthanaedufinance  | Paisa Vaisa Podcast\" width=\"900\" height=\"506\" src=\"https:\/\/www.youtube.com\/embed\/ty_XDHA9CeI?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">Varthana has influenced the lives of more than 5 million students thus far, and by 2025, it hopes to have reached 10 million. In order to provide hope and opportunity to communities who most need it, the expansion focuses attention on places where the educational system is lacking. Every school Varthana supports, and every child they empower, adds another thread to the fabric of change that is shaping the future of our nation.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In addition to traditional schooling, Varthana champions technical and vocational training by partnering with over 750 institutions and reaching more than 11,000 pin codes across India. The goal is to ensure that every student, regardless of background, has the opportunity to upskill and realize their ambitions.<\/span><\/p>\n<h3>B. Reaching New Communities<\/h3>\n<p><span style=\"font-weight: 400;\">Due to the COVID-19 pandemic, India has had one of the world&#8217;s longest school closures. It closed schools too early and reopened them too late, causing immense interruption in education from both teacher and student perspectives. Many families, particularly in rural areas, struggled to afford the smartphones and internet access necessary for online education, especially as some had relocated to rural areas for work. This created a widening divide between urban and rural communities, where digital learning tools remained out of reach for many.<\/span><\/p>\n<p><strong>\u201cWe believe education is transformative and essential for unlocking individual potential,\u201d says Steve Hardgrave<\/strong><\/p>\n<p><iframe loading=\"lazy\" title=\"Education Can&#039;t Stop: Strategies to survive and thrive in another COVID year\" width=\"900\" height=\"506\" src=\"https:\/\/www.youtube.com\/embed\/BhFQMdtqItY?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<p><span style=\"font-weight: 400;\">To bridge this educational gap, Varthana launched the Unlock Schools initiative, which focused on schools serving budget-conscious families who couldn\u2019t afford workbooks during the school closures. The program provided printed materials and videos in math and English to schools, ensuring that families with students in grades 1-8 could continue learning. Its mission was to keep students engaged, prepare them for their return to school, and help bridge the learning gaps caused by the pandemic.\u00a0<\/span><\/p>\n<p><b>Through the initiative, Varthana reached around 1,000 schools across India, distributing 1,400 workbooks each month and benefiting nearly 300,000 students.<\/b><\/p>\n<p><span style=\"font-weight: 400;\">Key features of the program included:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Free Education:<\/b><span style=\"font-weight: 400;\"> Providing resources at no cost to ensure every child has access to learning materials.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Printed Materials: <\/b><span style=\"font-weight: 400;\">Hard copy resources were delivered directly to schools, making learning accessible to students without internet access.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Grade-Specific Educational Resources:<\/b><span style=\"font-weight: 400;\"> The curriculum provided age-appropriate learning content for students in grades 1 through 8, with a focus on crucial subjects such as math and English.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Improved Literacy and Numeracy: <\/b><span style=\"font-weight: 400;\">Emphasis on strengthening foundational skills in reading, writing, and mathematics.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Support for Fee Collection<\/b><span style=\"font-weight: 400;\">: By offering engaging content, the initiative helped schools boost fee collection.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The Unlock Schools initiative successfully created a structured and supportive learning environment, benefiting both students and parents during challenging times.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-26263 size-full\" src=\"https:\/\/varthana.com\/school\/wp-content\/uploads\/2024\/11\/v1.png\" alt=\"Recruitment Process\" width=\"516\" height=\"285\" srcset=\"https:\/\/varthana.com\/school\/wp-content\/uploads\/2024\/11\/v1.png 516w, https:\/\/varthana.com\/school\/wp-content\/uploads\/2024\/11\/v1-300x166.png 300w\" sizes=\"auto, (max-width: 516px) 100vw, 516px\" \/><\/p>\n<p style=\"text-align: center;\"><i><span style=\"font-weight: 400;\">Source: <\/span><\/i><i><span style=\"font-weight: 400;\">CSD India<\/span><\/i><i><span style=\"font-weight: 400;\">\u00a0<\/span><\/i><\/p>\n<h3>C. Improving Teaching Quality<\/h3>\n<p><span style=\"font-weight: 400;\">Skilled and well-trained teachers are one step toward providing quality education. Surprisingly, the high dropout rates, particularly in primary school, are largely due to a lack of skilled teachers. Effective learning outcomes will only be accomplished when teachers in both government and private schools have the necessary expertise to create an interactive, motivating atmosphere.<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter wp-image-26264 size-full\" src=\"https:\/\/varthana.com\/school\/wp-content\/uploads\/2024\/11\/Number-of-Schools-teachers-and-students-768x418-1.webp\" alt=\"Number of Schools, Teachers, Students\" width=\"768\" height=\"418\" srcset=\"https:\/\/varthana.com\/school\/wp-content\/uploads\/2024\/11\/Number-of-Schools-teachers-and-students-768x418-1.webp 768w, https:\/\/varthana.com\/school\/wp-content\/uploads\/2024\/11\/Number-of-Schools-teachers-and-students-768x418-1-300x163.webp 300w\" sizes=\"auto, (max-width: 768px) 100vw, 768px\" \/><\/p>\n<p style=\"text-align: center;\"><a href=\"https:\/\/theglobalhues.com\/a-growth-chart-scanning-indias-education-sector-from-1947-to-2023\/\" target=\"_blank\" rel=\"nofollow noopener\"><i><span style=\"font-weight: 400;\">Source<\/span><\/i><\/a><i><span style=\"font-weight: 400;\">: <\/span><\/i><i><span style=\"font-weight: 400;\">UDISE+<\/span><\/i><\/p>\n<p><span style=\"font-weight: 400;\">A <\/span><a href=\"https:\/\/csdindia.org\/wp-content\/uploads\/2024\/05\/Reach-and-role-of-private-schools-in-India.pdf\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\">2021 report<\/span><\/a><span style=\"font-weight: 400;\"> on private schools in India highlighted some key challenges in teacher recruitment:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Informal Recruitment Practices:<\/b><span style=\"font-weight: 400;\"> While a few schools conduct formal interviews, many still rely on personal connections, family ties, or local pressures.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Preference for Family References:<\/b><span style=\"font-weight: 400;\"> Approximately 41% of teachers are hired through family or community recommendations, often prioritizing relationships over qualifications.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Impact on Education Quality: <\/b><span style=\"font-weight: 400;\">This informal recruitment can limit students\u2019 access to skilled educators, impacting personalized learning and effective teaching.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">To address these gaps, Varthana launched a targeted teacher certification program to equip educators with the skills needed for modern classrooms. This program focuses on:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Proficiency:<\/b><span style=\"font-weight: 400;\"> Training teachers to adapt to online learning, especially those with limited technology backgrounds.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Effective Curriculum Design: <\/b><span style=\"font-weight: 400;\">Equipping educators with tools to create engaging and impactful lessons.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Assessment Techniques: <\/b><span style=\"font-weight: 400;\">Introducing methods to track and support student progress effectively.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">Through these efforts, Varthana supports teachers and students in underserved areas, creating an educational system that offers greater equity and opportunity.<\/span><\/p>\n<h3>D. Scaling up Impact<\/h3>\n<p><span style=\"font-weight: 400;\">\u201cThe low-budget schools in which we invest are counting on inclusive financial services to get back on the growth path following the unprecedented challenges faced during the pandemic,\u201d says Steve, thanking our investors \u2013 <\/span><span style=\"font-weight: 400;\">BlueOrchard Finance, Triodos Investment Management, Chrys Capital<\/span><span style=\"font-weight: 400;\"> \u2013 for their continued support. With this backing, Varthana is committed to helping schools in semi-urban and rural areas develop essential 21st century infrastructure, construct new facilities, and purchase much-needed equipment.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">\u201cWe have consistently worked to bridge the access gap in quality education for low- and middle-income families by financially empowering budget private schools across India. With this investment, we aspire to shape a brighter future for young minds across the nation,\u201d says the founder with a big smile.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With funding milestones such as $10 million from BlueOrchard Finance and $14 million from Blue Earth Capital, Varthana\u2019s growth strategy emphasizes collaboration with educators, policymakers, and investors. Overall, Varthana&#8217;s total capital raised to date\u2014combining equity and debt funding\u2014exceeds \u20b91,500 crore (approximately $180 million), underscoring its commitment to expanding access to quality education in underserved areas.<\/span><\/p>\n<h2><span style=\"font-weight: 400;\">The Road Ahead<\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Beyond supporting primary and secondary schools, <\/span><a href=\"https:\/\/varthana.com\/school\/contact-us\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Varthana <\/span><\/a><span style=\"font-weight: 400;\">is expanding its impact into the student loan and college infrastructure sectors, helping students pursue higher education and assisting institutions in expanding their reach. By addressing enrollment challenges and enabling infrastructure upgrades, Varthana ensures that students can transition smoothly into advanced education or skilled careers, fulfilling their potential without financial barriers.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Together, Varthana and its partners are creating a future where learning is a pathway to personal growth, dignity, and progress, bringing quality education to every corner of India.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Introduction Education strongly influences India&#8217;s progress, but many schools in rural areas find it hard to provide good education. A recent ASER study of over 34,000 rural youths across 26 states and 28 districts showed that 42% of teens aged 14 to 18 can&#8217;t read basic English well, while more than half struggle with simple [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":26265,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[109],"tags":[],"class_list":["post-26261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-school-finance"],"acf":[],"_links":{"self":[{"href":"https:\/\/varthana.com\/school\/wp-json\/wp\/v2\/posts\/26261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/varthana.com\/school\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/varthana.com\/school\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/varthana.com\/school\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/varthana.com\/school\/wp-json\/wp\/v2\/comments?post=26261"}],"version-history":[{"count":5,"href":"https:\/\/varthana.com\/school\/wp-json\/wp\/v2\/posts\/26261\/revisions"}],"predecessor-version":[{"id":34977,"href":"https:\/\/varthana.com\/school\/wp-json\/wp\/v2\/posts\/26261\/revisions\/34977"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/varthana.com\/school\/wp-json\/wp\/v2\/media\/26265"}],"wp:attachment":[{"href":"https:\/\/varthana.com\/school\/wp-json\/wp\/v2\/media?parent=26261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/varthana.com\/school\/wp-json\/wp\/v2\/categories?post=26261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/varthana.com\/school\/wp-json\/wp\/v2\/tags?post=26261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}