Veranda Learning

Veranda Learning

Mobile-based platform providing government exam preparation solutions

Founded

2018

Headquarters

Chennai (India)

Status

Public

Company Details

Veranda Learning Solutions Limited is a prominent education company based in Chennai, India, offering a wide range of learning solutions across various formats. Here's a comprehensive overview:

Founding and History

  • Incorporation Date: November 20, 2018, initially as Andromeda Edutech Private Limited. The company was renamed Veranda Learning Solutions Private Limited in September 2020 and became a public limited company in October 2021.

  • Founders: Part of the Kalpathi AGS Group, a well-known business conglomerate in India.

Business Operations

  • Services Portfolio: Offers diversified and integrated learning solutions in online, offline hybrid, and offline blended formats. These include courses for competitive exams like UPSC, banking, insurance, railways, and chartered accountancy (CA), as well as professional skilling and reskilling courses.

  • Acquisitions: Has acquired several educational institutions and platforms, including JK Shah Classes, Tapasya Educational Institutions, and stakes in BB Virtuals and Navkar Digital.

Market Presence

  • Centers: Operates over 200 centers across India.

  • Enrollments: Achieved a 73% year-on-year growth in enrollments in FY24, reaching approximately 7 lakh learners.

  • Awards: Recognized as the Best Banking Entrance Coaching Institute and Best TNPSC Coaching Institute at the Times Education Icon Awards in 2018, 2019, and 2020.

Leadership and Structure

  • Parent Group: Kalpathi AGS Group.

  • Subsidiaries: Includes Veranda IAS Learning Solutions, Veranda CA, and others.

Partnerships

  • International Collaborations: Partnered with Illinois Tech to offer IT courses.

  • Domestic Partnerships: Collaborated with Sreedhars College of Competitive Exams (CCE) and Logic Management Training Institute.

Veranda Learning Solutions is recognized for its comprehensive educational offerings and strategic acquisitions, positioning it as a leader in the Indian education sector.

Key People

Suresh Kalpathi

Aditya Malik

Saradha Govindarajan

Key Metrics

Total Equity Funding

-

No. of Funding Rounds

0

Latest Funding Round

N/A

Post Money Valuation

-

as of N/A

Funding Multiple

-

as of N/A

Investors

Brand Capital

Employee Count

184

Similar Companies

N/A

Exit Details

Public

All Funding Rounds

No funding rounds available

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