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.
BB Virtuals: Expanding online CA Preparation Capabilities of Veranda XL
BB Virtuals, founded by renowned CA educator Bhanwar Borana, is an established online platform for CA aspirants, known for delivering high-quality, accessible learning resources. CA Bhanwar Borana, with over 12 years of teaching experience, has played a crucial role in guiding students to achieve top ranks, having taught more than 200,000 students and produced over 500 rank-holders over the years.
With BB Virtuals’ strong online presence, Veranda will amplify its reach, offering a wider range of resources to support students pursuing professional qualifications in the Commerce segment.
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Mr. Bhanwar Borana, Founder of BB Virtuals said “By Partnering with Veranda and leveraging the strength of JK Shah Classes, we will enhance our ability to provide aspirants with the tools and resources they need to succeed in their CA and CMA journeys. Together we will set new standards in commerce test preparation.”
Navkar: Strengthening Veranda XL’s Offline Framework for CA/CMA Coaching
Navkar, founded by educator Hiteshkumar Shah, is an established offline platform for CA aspirants in Gujarat. With over 17 years of teaching experience, Hitesh Shah has built a strong reputation in the education sector. Under his leadership, the institute has become a prominent provider of professional education, specializing in courses for CA, CS, and CMA.
Mr. Hitesh Shah, MD of Navkar Institute, expressed his enthusiasm about the collaboration, stating, “We are thrilled to work alongside JK Shah Classes and Veranda Learning, leveraging our combined strengths to grow the business and continue supporting students in achieving their professional dreams.”
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These acquisitions complement Veranda’s existing portfolio of being a leader in CA/CMA/ACCA training. “By integrating these companies with JK Shah Classes, we are building a powerful alliance that provides students pursuing commerce education with unparalleled academic support,” said Prof. J.K. Shah highlighting the strategic acquisitions undertaken by Veranda.