40.41 percent Stake in BB Virtuals and 65 percent in Navkar Digital acquired by Veranda Learning
By June 2025, Veranda Learning plans to purchase an additional 10.59% of BB Virtuals. Veranda Learning’s position in commerce education throughout India will be strengthened by this, and for FY25, its commerce division is anticipated to generate a pro forma EBITDA of more than Rs 120 crore.
Veranda is a publicly traded digital learning platform that was founded in 2018 by Kalpathi AGS Group and provides test preparation for a variety of industries, including banking, insurance, government exams, and railroads.
Veranda Learning Solutions was given permission to raise Rs 250 crore through a preferential issue in December of last year.
BB Virtuals, an online platform for prospective CAs and commerce professionals, was founded by Bhanwar Borana. More than 200,000 students have reportedly received online instruction from BB Virtuals, which has produced more than 500 all-India rank holders.
Veranda’s reach will be expanded by BB Virtuals’ robust online presence, providing a greater array of resources to assist students seeking professional certifications in the Commerce sector.
A reputable offline learning environment for Gujarati candidates pursuing chartered accountancy (CA), company secretary (CS), and cost & management accounting (CMA) is Navkar Digital.
