US financial body gives $15 million loan to Indian startup to help in providing quality education
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Amid coronavirus crisis, US International Development Finance Corporation pledged to sanction $15 million loan to an Indian education startup to expand the access to quality education by providing critical financing to schools that serve low-income students in India. The financing will help Bengaluru-based Varthana to reach more schools by meeting its need for long-term capital that is unavailable in the Indian market.
