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2016

MARCH – 2016

    • Crosses INR 1 Billion AUM
    • Crosses 50,000 active borrowers
    • SIDBI Invested INR 50 Lakhs
    • Did 2 direct assignments of Portfolio worth INR 12.1 Crores and 1 Securitization worth INR 12.2 Crores
    • Term loan from 4th PSU Bank – UCO Bank

FEB – 2016

    • Treasury has raised highest term loan of INR 19 Cr. in the month of February 2016

JANUARY – 2016

    • Term loan from 3rd PSU Bank – Union Bank of India
    • Mr. Shyam Patro has joined Varam as the Chief Operating Officer (COO)
2015

DECEMBER – 2015

  • Varam has partnered with HDFC Life Insurance for Group Term Insurance product

AUGUST – 2015

    • Cumulative Disbursements crosses Rs. 1 Billion

JUNE- 2015

    • IVth Securitisation of Rs. 59.5 Mn

APRIL – 2015

    • Fastest Growing MFI<1bn AUM(449% Growth)

MARCH – 2015

    • mRupee goes live
    • Third Securitization of Rs.39.9 Mn

February – 2015

    • Opened first branch in chhattisgarh
    • IInd Securitization of Rs.31.8 Mn
2014

DECEMBER – 2014

    • First Securitization transaction
    • Opened 2 new branches

September – 2014

    • Opened 3 addl branches taking it to 6

August – 2014

    • AUM crosses Rs. 150 Mn

March – 2014

    • Received first term loan
    • Raised unsecured debt in NCD
2013

SEPTEMBER – 2013

    • Mr.Joby joins as CEO of varam
2012

May – 2012

    • Customer count crosses 5,000
2011

SEPTEMBER – 2011

    • Varam was born
1996

JANUARY – 1996

    • SET was set up to provide free education to children of BOP families