Veranda Learning Acquires 40.41% Stack in BB Virtuals and 65% in Navkar Digital

Veranda Learning will buy an additional 10.59% stake in BB Virtuals by June 2025. This move will strengthen its position in commerce education across India, with its commerce division expected to achieve a pro forma EBITDA of over Rs 120 crore for FY25.

Founded in 2018 by Kalpathi AGS Group, Veranda is a publicly listed digital learning platform offering test prep for government exams, banking, insurance, railways, and more.

In December, Veranda received approval to raise Rs 250 crore through a preferential issue. BB Virtuals, founded by Bhanwar Borana, is an online platform for CA and commerce aspirants, having trained over 200,000 students and produced more than 500 all-India rank-holders.

Read also - Granules India Acquires Swiss-based Firm; To Enter Into CDMO Space

With BB Virtuals’ strong online presence, Veranda will expand its reach and offer more resources for students pursuing professional qualifications in Commerce.

Navkar Digital is an established offline education platform for CA, CS, and CMA aspirants in Gujarat.

About Veranda 

Founded in 2018 by the Kalpathi AGS Group, Veranda Learning Solutions is a publicly listed education company that offers various training programs for competitive exams, including State Public Service Commission, Banking, Insurance, Railways, IAS, and CA. It also provides professional skilling and upskilling programs.

Startup Funding News: Your Gateway to Every Funding Update.

Latest Startup News: Stay updated with the latest startup news and trends. Your go-to source for startup ecosystem updates.

Startup Stories: Discover inspiring tales of startups overcoming challenges and achieving success.