Varthana raises $3 million from Dell Foundation to expand its school transformation program

Bengaluru:┬áBengaluru-based school finance company Varthana has raised $3 million in funding from the Michael and Susan Dell Foundation to expand its school transformation program (STP). The programme is aimed at improving the quality of learning in private schools by extending credit facilities. Through the STP initiative, Varthana provides debt financing, education assessments, hands-on support, vendor connections, and financial rewards to schools in different states. It has an in-house non-banking finance company (NBFC) for giving credit finance to schools. It provides loans from Rs5 lakh to Rs1 crore for private schools…

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Apple should buy Athenahealth to expand in health care: Citigroup

Sally Shin | CNBC Tim Cook As Apple moves into health care, it’s acquired a few small start-ups. Now, Citigroup analyst Garen Sarafian is recommending that the company scoop up a far larger player in health technology: Athenahealth. Even with a market capitalization of close to $6 billion, the purchase would make sense, Sarafian wrote in a note to clients, as it could help Apple solve one of the biggest’s issues in health care — the interoperable exchange of medical data. Sarafian’s analysis followed a report on Wednesday from CNBC…

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