Veranda Learning Solutions Limited has informed the Exchange regarding a press release dated September 25, 2025, titled "Creating Seamless Global Pathways:Veranda and SNVA Form New Education Entity".
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Veranda Learning has approved the sale of its entire vocational education segment — Edureka (Brain4ce Education Solutions), Veranda Higher Ed, and Six Phrase — to SNVA EduTech Limited in exchange for shares (not cash), subject to shareholder approval. After the deal, Veranda and its subsidiary will together hold a 50% stake in SNVA EduTech, creating a combined global education platform spanning India, the US, UK, Europe and Asia. The new entity is projected to generate over ₹250 crore in revenue in FY26, growing at a 25% CAGR over the next 4-5 years, with EBITDA expected to cross ₹60 crore in FY26 at a 35% CAGR. The partnership is positioned under Veranda's 'Veranda 2.0' strategy to sharpen focus on its remaining businesses and pursue a future public listing of the combined entity.
Existing Veranda shareholders will not receive cash but will gain exposure to a larger, internationally diversified education platform through their 50% stake in SNVA EduTech, which could unlock value if the new entity lists publicly. In the near term, the loss of the vocational segment will reduce reported revenue, but the deal is intended to accelerate growth and sharpen business focus.