 "Deals, mergers")
The Kalpathi AGS Group-owned Veranda Learning Solutions has acquired edtech Edureka, a live-instructor-led online solutions provider for the IT industry, for Rs 245 crore.
This 100 per cent acquisition marks Veranda Learning Solutions’ second buyout since December 2020. Veranda is planning an outlay of around $100 million for acquisitions over the next six months to seize the opportunities opening up in the edtech space.
Founded in 2011 by Lovleen Bhatia, Kapil Tyagi and Vineet Chaturvedi, Edureka is best known for pioneering live online classes based upskilling programmes for working professionals. Edureka partners with premier Indian institutes like IITs, NITs and prominent international
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