Joint Venture25 Sept 2025, 06:04 pm
Veranda Learning Solutions and SNVA EduTech Form New Education Entity, Aiming for Global Pathways
AI Summary
Veranda Learning Solutions, a listed enterprise offering end-to-end education solutions, has approved the divestment of its entire Vocational segment to SNVA EduTech Limited, a global education and skilling enterprise. This move is a strategic step under the Veranda 2.0 strategy, aimed at sharpening business focus, accelerating growth, and delivering long-term shareholder value. The partnership creates a global education platform that integrates skilling, vocational, and higher education across multiple countries, bringing together Veranda’s strong domestic presence with SNVA EduTech’s international network.
Key Highlights
- Veranda Learning Solutions divests its entire Vocational segment to SNVA EduTech Limited for a non-cash consideration
- SNVA EduTech will issue shares to Veranda and its subsidiary, giving them a joint 50% stake in SNVA Edutech Limited
- The new entity will deliver one of the most comprehensive education portfolios, spanning domestic and international degree programs, certifications, and skilling initiatives
- The entity is expected to deliver revenue over 250 crores in FY 26 and growing steadily at a CAGR of 25% over the next 4 to 5 years
- The entity will look to a public listing at an appropriate time in the near future to unlock value for all stakeholders