Bangalore,7th July 2023 Varthana, India’s largest Non-Banking Finance Company (NBFC) that provides loans to affordable private schools and students to pursue higher education in India, has been ranked 3rd among the 100 Great Mid-Size Workplaces in India in 2023 by the Great Place to Work®, India, institute. This is for the fifth year in a row that Varthana is being certified as a Great Place to Work in India. With this recognition, Varthana is now among the top 25 BFSI firms in the country in terms of people practices and workplace culture & environment.
Varthana operates among the economically weaker sections (EWS), low-income group (LIG), and middle-income group (MIG) supporting affordable private schools and students with affordable school loan and education loan finance options. These loans are custom-built to suit a wide range of projects that help school leaders unlock their school’s potential, as well as for college-going students to achieve their educational goals.
The award is an indicator of the many positives that Varthana offers its employees, including healthy work culture, progressive work environment, equal opportunities for growth, compensation comparable to competitors, and a sound work-life balance.
According to the results of this year’s poll, 92% of Varthana’s employees think highly of the organization’s social contributions, the management’s moral character, and their workplace’s safety. These employees feel a sense of pride in the work, as individuals, and the organization as a whole, is doing.
Dedicating the award to the company’s employees, Steve Hardgrave, Co-founder and CEO of Varthana, said, “I am immensely grateful to all our valued employees who consistently demonstrate an unwavering passion for transforming affordable education in the country. This recognition is a testament to the collective dedication, hard work and focus of our team. Together, we are driving meaningful change and revolutionizing the way skill-oriented education is delivered to those with little means to receive it.”
Commenting further, Steve said, “Varthana has at its heart the principles of respect, honesty, enthusiasm, empowerment, and encouragement for all. These values provide everyone at Varthana a feeling of purpose, inspiring them to do better each day.”
Over 2,000 Indian organizations from across 60 industries participated in the Great Place to Work Survey 2023, which evaluates organizations for their outstanding people practices and workplace culture.
Commenting on the award, Brajesh Mishra, Co-founder and COO of Varthana, said, “India has a large population of youth that possess the strength to change the world. Unfortunately, India lags behind in offering the skill-oriented education that is required for the country’s growing youth population. This disparity has become more acute in the post-COVID-19 times. At Varthana, we are working to bridge this gap through the support we lend to affordable educational institutions and students. It is heartening to note that as an organization we are able to offer a great work environment for our employees along with a feeling of purpose.”
Chandra Kumar CS, Chief Human Resources Officer & Head – Customer Experience at Varthana, states, “Varthana is committed to improving the nation’s access to skill-oriented education through financial and material assistance to schools to upgrade their facilities and instructional qualities, and financial support to students seeking to get upskilled or higher education in India. For its employees, who are working consistently to make this possible, Varthana offers a stimulating atmosphere that includes sustenance, professional development, equal opportunities, engagement, and a healthy work-life balance.”