Veranda Learning Solutions Ltd, a leading publicly listed education provider, has approved the divestment of its entire Vocational segment—including Brain4ce Education Solutions, Veranda Management Learning Solutions, and Six Phrase Edutech—to SNVA EduTech Limited. This innovative deal is structured as a share swap, where SNVA EduTech will issue shares to Veranda and its subsidiary, collectively granting them a 50% ownership stake in the new SNVA EduTech entity, pending shareholder approval.
Key Highlights of the Partnership
- Strategic Refocus Under Veranda 2.0: This move aligns with Veranda’s broader strategy to sharpen business focus and accelerate growth by concentrating on four core verticals: Academic, government test preparation, commerce, and vocational education.
- Global Education Platform Creation: The partnership merges Veranda’s strong domestic presence with SNVA EduTech’s international network across more than 60 countries including India, the USA, UK, France, Italy, Malta, Switzerland, and Singapore. This aims to deliver an integrated offering encompassing skilling, vocational, and higher education.
- Comprehensive Education Portfolio: The combined entity will offer a wide spectrum of programs such as domestic and international degree courses, professional certifications, and skilling initiatives across Management, Technology, Data Science, Cybersecurity, AI, and Liberal Arts—projected to impact over 200,000 learners annually.
- Financial Outlook: Anticipated revenue for FY26 exceeds ₹250 crores, with a steady CAGR of 25% over 4-5 years. EBITDA is expected to surpass ₹60 crores in FY26, growing at a CAGR of 35%.
- Future Public Listing: Plans are underway to list the new entity publicly at an appropriate time, aimed at unlocking enhanced value for all stakeholders.
Statements from Leadership
Suresh Kalpathi, Executive Director and Chairman of Veranda Learning, emphasized the synergistic opportunity created by combining Veranda’s domestic expertise with SNVA’s global university network, envisioning seamless learning pathways and global growth acceleration. Vivek K. Singh, Founder and MD of SNVA EduTech, highlighted their excitement in building a global education ecosystem together and scaling innovation and value delivery worldwide.
This strategic divestment marks a transformative chapter for Veranda Learning Solutions as it streamlines operations and embraces a global education partnership to broaden its reach and impact in the rapidly evolving education sector.
Source: Company Disclosure to the Stock Exchanges