Bangalore, 22nd September 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 ranked 9th among the Large Best Workplaces in Asia for 2023 by the Great Place to Work® institute. Varthana, in 2023, has also ranked 3rd in best mid size workplaces in India and among the top 25 BFSI firms in the country and top 10 India’s Best Mid-Size Workplaces for Millennials 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.
Great Place to Work identified the Best Workplaces in Asia™ this year by surveying 2.1 million employees in Asia and the Middle East about the key factors that create great workplaces for all and by analyzing company workplace programs impacting 5.9 million employees in the region.
To be considered, companies had to be identified first as outstanding in their local region by appearing on one or more of the Best Workplaces lists in Bahrain, Greater China (including China, Hong Kong and Taiwan), India, Indonesia, Japan, Kuwait, Oman, Philippines, Qatar, Saudi Arabia, Singapore, South Korea, Sri Lanka, UAE, Vietnam during 2022 or early 2023.
This 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.
92% of Varthana’s employees think highly of the organization’s social contributions, the management’s moral character, and their workplace’s safety, according to the results of this year’s poll. Varthana employees also feel a sense of pride in their work, as individuals, and the work 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 integrity, serving others, encouraging and supporting others and unlocking our own potential. These values provide everyone at Varthana a feeling of purpose, inspiring them to do better each day.”
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. We also offer 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.”