Announced Fri, 24 Jul · 14:00 IST
Veranda RACE partners with Dr. Rajkumar Academy for Karnataka coaching
VERANDA · price
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Price reaction · full curve 14 horizons · vs prior close
-0.7%1-day move
₹235.10
prior close
₹233.79
base price
In-mkt
timing
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AI summary
Veranda RACE, a Veranda Learning arm, has signed an MoU with Dr. Rajkumar Academy for Civil Services (DRACS) to integrate academic operations, brand, and government partnerships in Karnataka. DRACS, a 9-year-old UPSC, KAS and KPSC coaching institute in Bengaluru, will operate under the Veranda RACE umbrella. The Dr. Rajkumar family will serve as Goodwill Ambassadors and existing community initiatives like Prithvi Scholarship Test and Be a Scribe will continue.
Likely market impact
Strengthens Veranda's civil services coaching footprint in Karnataka and extends reach through DRACS' government and NGO partnerships.