𝐒𝐭𝐫𝐞𝐧𝐠𝐭𝐡𝐞𝐧𝐢𝐧𝐠 𝐎𝐮𝐫 𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 𝐢𝐧 𝐄𝐝𝐮𝐜𝐚𝐭𝐢𝐨𝐧 Veranda Learning is pleased to announce its plans to raise up to ₹250 crores through a preferential issue to fuel the next phase of our growth. This milestone aligns with our vision to expand offerings and unlock value across our four-pillar strategy: Academics, Commerce, Government Test Preparation, and Study Abroad. With this capital infusion, Veranda is on track to close strategic acquisitions this fiscal year, with no further equity dilution expected. Our acquisitions include: ✅ BB Virtuals: A premier online CA preparation platform founded by CA Bhanwar Borana, renowned for producing over 500 rank-holders and guiding 200,000+ students. ✅ Navkar Institute: A leading offline CA/CMA coaching provider in Gujarat, founded by Hiteshkumar Shah, with 17+ years of excellence in professional education. These acquisitions will amplify our reach, seamlessly integrating with JK Shah Classes to strengthen our CA/CMA/ACCA portfolio. “Our partnership with marquee investors showcases confidence in Veranda’s vision and growth potential,” said Mr. Kalpathi S Suresh, Executive Director and Chairman of Veranda Learning. “We’re thrilled to set new benchmarks in commerce education.” Additionally, our commitment to professional management and governance is evident with the induction of stalwarts like Prof. J. K. Shah.K. Shah, Prof. Ashok Misra, and Ms. N. Alamelu to our board. With a skilled leadership team, including Mr. Aditya Malik (Group COO), Mr. Vivek Sapre (Group CHRO), Ms. Saradha Govindarajan (Group CFO), Mr. Rajesh Pankaj (CPO) and Mr. Pravin Menon (CMO), we’re well-poised to scale new heights. #VerandaLearning #EducationLeadership #CommerceEducation #InnovationInLearning
Congratulations to Veranda, BB Virtual and Navkar's team for the deal! Excited to witness the synergy within the ecosystem. 🥂
Education I Franchise I Pre-Schools I Franchise I K-12 Education | International Business Expansion | Brand Building | Fund Raising | Operations | Account Management | Customer Acquisition | Business Consulting
2dCongrats and it will be a good break through for startups