Veranda acquires Edureka for INR 245 Cr to strengthen edtech play
The Kalpathi AGS Group-owned Veranda Learning Solutions has acquired Edureka, a live-instructor-led online solutions provider for the IT industry. The 100% acquisition marks Chennai-based Veranda Learning Solutions’ second buyout since December 2020. This is second buyout by Veranda after acquiring Chennai Race in December 2020. Veranda plans an outlay of around $100 Mn for acquisitions over the next 6 months in the edtech space.