Veranda Learning

What Veranda Learning does

Veranda Learning Solutions Limited is a publicly listed Indian education technology company headquartered in Chennai, founded in 2018 and promoted by the Kalpathi Group with over 40 years of legacy in education. The company operates a multi-brand platform strategy, having scaled revenue from Rs 2.5 crore in FY21 to Rs 481.5 crore in FY26 (35% YoY growth) through an acquisition-led roll-up of India's fragmented coaching institute market. Its core brands include Veranda RACE (government competitive exam preparation with 40+ centers), J.K. Shah Classes (CA/CS/CMA coaching with 70+ centers and four decades of operating history), and Edureka (online professional certification platform with 70+ centers globally). The company also operates Veranda IAS (UPSC preparation), Veranda HigherEd (executive education with university partnerships), Veranda K-12, PHIRE (BFSI placement training), Six Phrase (skill development), Tapasya (K-12 colleges), and Veranda Varsity (integrated degree programs).

Name

Veranda Learning

Legal name

Veranda Learning Solutions Limited

Website

https://verandalearning.com

Company type

Public

Founded year

2018

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Veranda Learning is an Indian education technology company operating a multi-brand platform spanning test preparation, professional certification, higher education, and K-12, serving 2.57 lakh students through 200+ physical centers and digital platforms across India.

Ownership category

akta.pro rank

Headquarters

HQ city

Chennai

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Test Preparation Courses: Revenue from competitive exam coaching including banking, SSC, railway, state government exams, UPSC, and professional courses like CA, CS, CMA. Operating through subsidiaries Veranda RACE (government exam prep) and J.K. Shah Classes (CA/CS/CMA coaching) with 70+ centers each.
2. Professional Certification Programs: Online professional certification courses through Edureka platform including technology, leadership, and management programs in partnership with universities and institutions globally.
3. Higher Education Partnerships: Collaborative programs with universities for degree and diploma offerings, including partnerships with IIM Raipur, IIT Madras, University of Technology Sydney, and others.

Pricing tiers

Go-to-market motion2 records

Distribution channels5 records

Marketing channels5 records

Core offering

Veranda Learning is an Indian education company operating a multi-brand portfolio of offline coaching centers and online learning platforms. It delivers test preparation courses for banking/SSC/government exams, professional certification coaching (CA/CS/CMA), instructor-led online IT and management training, UPSC civil services preparation, higher education degree programs, and K-12 education through 200+ centers across India and digital platforms.

Product overview

Veranda Learning is an education technology company that operates a multi-brand platform strategy with a portfolio of distinct brands across professional education, test preparation, and K-12 segments. The company has grown significantly through acquisitions, expanding from revenue of Rs 2.5 crore in FY21 to Rs 481.5 crore in FY26. The core brands include Veranda RACE (government competitive exam coaching), J.K. Shah Classes (CA/CS/CMA preparation), and Edureka (online professional certification). Additional brands span Veranda HigherEd (executive education), Veranda IAS (UPSC preparation), Veranda K-12 (school education), Veranda Press (publishing), PHIRE (BFSI placement training), Six Phrase (career development), and Talent Academy (competitive exam materials). Through subsidiaries Veranda XL Learning Solutions and various acquisitions including T.I.M.E., Logic Management Training Institute, Tapasya Educational Institutions, BB Virtuals, and Navkar Digital Institute, the company offers offline, online, and hybrid learning across banking, professional accounting, civil services, government jobs, and K-12 education. The company achieved its first full-year profit of Rs 129.7 crore in FY26 and is pursuing a demerger of its commerce vertical into J.K. Shah Commerce Education Limited.

Differentiator

Problem solved

Functional benefit

Brands

• Veranda RACE: Premier competitive-exam institute delivering coaching for government sector careers with over 40 centers across India
• Edureka
• J.K. Shah Classes
• Veranda HigherEd
• Veranda IAS
• Veranda K-12
• PHIRE
• Six Phrase
• Talent Academy & Publications
• Veranda Press
• Logic
• Tapasya
• BB Virtuals
• Navkar
• Veranda Varsity

Products and services

• Edureka Edureka is a pioneer in instructor-led live online training in India under the supervision of professional instructors, offering professional certification programs in partnership with universities including Purdue University, University of Cambridge, IIT Guwahati, IIM Raipur, and others. Serves working professionals globally with technology, management, and leadership certifications.
• J.K. Shah Classes J.K. Shah Classes is a pioneer in coaching CA, CS, and CMA aspirants in India with four decades of excellence, specializing in professional accounting education. Operates 70+ physical coaching centers across India.
• Veranda RACE

Quantifiable outcome

• Revenue increased from Rs 2.5 crore in FY21 to Rs 200 crore in FY23
• +5 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

22 partnerships are on record, tiered core, major and minor.

• CPA Excellent Partners (CPAEP), JapancoreStrategic or Co-development Partner · 10 June 2026Veranda Learning signed MoU with Japan's CPA Excellent Partners for talent development, recruitment, and career support for accounting and finance professionals. Partnership aims to create structured international career pathways for commerce students through curriculum alignment, cross-border placement opportunities, and employer engagement.
• IIM Raipur & SHRMcoreStrategic or Co-development PartnerVeranda Learning Solutions partnered with IIM Raipur & SHRM to launch online MBA program (EPGP HR Course), combining academic excellence with industry-relevant curriculum.
• IIT MadrascoreStrategic or Co-development PartnerVeranda Learning signed MoU with IIT Madras to launch competitive exam courses, leveraging the institute's academic reputation for UPSC and other civil services preparation.
• Purdue UniversitymajorStrategic or Co-development PartnerEdureka collaborates with Purdue University to offer online professional certification programs, providing Indian students access to globally recognized credentials.
• University of Technology Sydney (UTS), AustraliamajorStrategic or Co-development PartnerVeranda HigherEd partnered with UTS to launch cutting-edge courses for working professionals in India, focusing on technology and management programs.
• University of CambridgemajorStrategic or Co-development PartnerUniversity of Cambridge's digital arm partnered with Edureka to offer online professional certification programs.
• IIT Guwahati (E&ICT Academy)coreStrategic or Co-development PartnerE&ICT Academy, IIT Guwahati & Edureka collaborated to launch Advanced Certificate Program in Cloud Computing, a 6-month intensive course.
• PearsonmajorStrategic or Co-development PartnerVeranda RACE partnered with Pearson to introduce bank PO preparation series, combining Pearson's content expertise with Veranda's coaching delivery.
• TNSDC (Tamil Nadu Skill Development Corporation)majorStrategic or Co-development PartnerVeranda Learning partnered with TNSDC to be part of Naan Mudhalvan Scheme, providing skill development and training programs for Tamil Nadu youth.
• TAHDCOminorStrategic or Co-development PartnerVeranda RACE partnered with TAHDCO to help SC/ST students in Tamil Nadu get free coaching for IBPS and other banking exams.
• XLRI JamshedpurcoreStrategic or Co-development PartnerVeranda Learning and XLRI joined hands to launch executive diploma in advanced business strategies.
• IIM Shillong & SHRMcoreStrategic or Co-development PartnerVeranda Learning collaborated with IIM Shillong and SHRM to launch PG Certificate Course in Human Resource Management.
• Nursing Europe ASmajorStrategic or Co-development PartnerVeranda Learning partnered with Nursing Europe targeting revenue of Rs 200 crore in 5 years through nursing education programs.
• Sastra UniversitymajorStrategic or Co-development PartnerSastra University partnered with J.K. Shah Classes to offer B.Com with CA coaching integrated program.
• Madras Christian College (MCC)minorStrategic or Co-development PartnerVeranda Learning collaboration with Madras Christian College through MoU for academic programs.
• M.O.P. Vaishnav College for WomenminorStrategic or Co-development PartnerVeranda IAS partnered with M.O.P. Vaishnav College for Women to offer Diploma in Governance and Policy Studies course.
• BVM Global SchoolsminorStrategic or Co-development PartnerVeranda Learning forged alliance with BVM Global Schools for K-12 educational programs.
• Illinois Institute of TechnologymajorStrategic or Co-development PartnerVeranda Learning joined forces with Illinois Tech for technology courses and K-12 dual credit programs.
• Jumeira University ConnectminorStrategic or Co-development PartnerVeranda Learning partnered with Jumeira University Connect to launch CA prep course in UAE for international students.
• NEMI EducationminorStrategic or Co-development PartnerNEMI Education partnered with Veranda RACE through MoU for competitive exam preparation programs.
• Cambridge University PressmajorStrategic or Co-development PartnerCambridge University Press appointed Veranda Learning Solutions as associate partner for educational content and programs.
• Kalpathi GroupcoreOthersKalpathi Group is the promoter of Veranda Learning Solutions with over 40 years of experience in education. Group companies include AGS Entertainment, AGS Cinemas, and Kalpathi Investments NBFC.

Scale indicators13 records

Recent moves10 records

Expansion highlights5 records

Direct peers

• Aakash Educational Services: Established test preparation company operating 200+ physical coaching centers focused on medical and engineering entrance exams. Closest direct competitor to Veranda in terms of physical-center-led test preparation model.
• Unacademy: India's leading online test preparation platform offering courses for banking, SSC, UPSC, and other competitive exams. Direct competitor to Veranda RACE and Veranda IAS in the test-preparation space, with similar student demographics but primarily digital delivery model.
• PhysicsWallah: Edtech company offering affordable coaching for engineering and medical entrance exams (JEE, NEET) plus competitive exams. Competes with Veranda RACE for Indian aspirant wallet share, especially in Tier 2/3 cities where Veranda is also expanding.
• upGrad: Online higher education platform offering degree, diploma, and certificate programs in partnership with universities globally. Directly comparable to Veranda HigherEd and Edureka in the upskilling and executive education segment.
• Simplilearn: Professional certification training provider focused on IT, digital, and management skills with university partnerships. Direct competitor to Edureka's online professional certification offerings for working professionals.
• Byju's: Largest Indian edtech company offering K-12, test prep, and professional learning. Overlaps with Veranda across test preparation and K-12 segments and competes for similar institutional partnerships and student mindshare.
• Great Learning: Online professional education platform offering data science, AI, cloud, and management programs in partnership with universities. Comparable to Veranda HigherEd and Edureka's premium professional certification portfolio.
• IMS Learning Resources: Specialized test preparation company focused on CAT, banking, and other management entrance exams. Direct competitor in the competitive exam coaching space, particularly for management aspirants.
• Career Launcher: Test preparation company offering coaching for MBA entrance (CAT, XAT), banking, SSC, and civil services. Competes directly with Veranda RACE in the banking/SSC segment and shares similar aspirant customer base.

Broad incumbents

• NIIT Limited: Long-established Indian IT training and education company offering corporate training, individual learning programs, and K-12 solutions. Broader incumbent serving adjacent education segments with overlapping IT training offerings via Veranda's Edureka platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key highlights7 records

Customer concentration

• Xx.com/VerandaLearning
• YouTubeyoutube.com/channel/UCjmw2Coax8t3jq9U2jYWObg
• Facebookfacebook.com/Veranda-Learning-106978881138076
• LinkedInlinkedin.com/company/veranda-learning
• Instagraminstagram.com/verandalearning

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries17 records

Funding overview

Funding rounds2 records

Investors7 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A10 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Veranda Learning