Veranda Learning Solutions, a listed enterprise providing end-to-end solutions in the education space, has received approvals to raise funds for an amount up to Rs. 250 Crores through preferential issue. The funds raised will be directed towards acquisitions, deferred consideration payouts, and to grow its existing business.
This preferential raise is part of the broader fund-raising plan to be completed this financial year.
“We are thrilled with the robust response to the private placement driven by marquee investors. This successful fundraising equips Veranda with a robust capital base to drive our next phase of growth and demonstrates the confidence of investors in the vision and our potential for growth. We’re on track to close all acquisitions in this financial year, and no further equity dilution in Veranda Learning is expected beyond this Financial year.” said Executive Director and Chairman of Veranda Learning, Mr. Kalpathi S Suresh.
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Veranda Learning Solutions also announced its plan to acquire 51% stake in BB Publications Private Limited (“BB Virtuals”) for a consideration of Rs. 126.2 Crores and 65% stake in Navkar Digital Institute Private Limited for consideration of Rs. 45.5 Crores. These acquisitions will strengthen Veranda’s CA/CMA coaching offerings, reinforcing its position as a leader in commerce education throughout India.
Veranda Learning Solutions is focused on unlocking value through its strategic 4-pillar approach, encompassing academics, commerce, government test preparation, and study abroad. The commerce vertical has already demonstrated strong performance and is on target to reach an EBITDA of Rs. 120 Crores for FY25 and is expected to achieve Rs. 100 Crores at the PAT level in FY26. To further enhance operational efficiency and strategic focus, Veranda is planning to undertake a corporate restructuring exercise to merge the existing companies in alignment with these segments. VLS is committed to initiating a value creation cycle across all four pillars, aiming to scale and monetize each segment effectively.
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The Company had appointed three new board members—Prof. Jitendra Kantilal Shah, Prof. Ashok Misra, and N. Alamelu—as a part of its larger initiative to professionalise the board. Prof. Jitendra Kantilal Shah, the founder of JK Shah Classes, has been a pioneering force in the field of education for over 40 years. Prof. Ashok Misra brings a unique blend of academic and industry expertise to Veranda’s board. A former Director of IIT Bombay, Prof. Misra, was also a Distinguished Professor at the Indian Institute of Science (IISc), Bengaluru, he has served on the boards of several prestigious institutions, including IIT Roorkee, IIT Delhi, Reliance Industries Limited, National Thermal Power Corporation (NTPC), and continues to be on the board of Kirloskar Electric. The company aims to further strengthen the Board and add experts and professionals with reduction in number of Promoter directors.
About Veranda Learning Solutions
Established in 2018 by the Kalpathi AGS Group, Veranda Learning Solutions Limited has rapidly evolved into a prominent, publicly listed education company. With a strong presence in schools, colleges, test preparation, study abroad, and software upskilling, Veranda has expanded its nationwide reach and impact. The company integrates advanced technology, robust processes, and innovative methodologies to offer high-quality, personalized learning experiences. Committed to driving student success and academic excellence, Veranda employs a multi-modal delivery system supported by a disciplined and comprehensive learning framework.
