Following the announcement of a strategic partnership with Pearson to pool their resources for exam preparation and higher education in India, Veranda Learning Solutions saw a 1.85% increase to Rs 195.05.
After concentrating on IT education materials and competitive exam preparation at first, Pearson and Veranda want to expand their partnership to provide complete hybrid learning solutions for the Indian higher education market.
Pearson hopes to meet the changing demands of students throughout India by broadening the scope and accessibility of its hybrid learning solutions through this partnership. With a wealth of experience and a solid track record in India, Pearson will provide higher education solutions that satisfy global requirements and cater to the unique needs of the Indian labor market.
Veranda will integrate its unique pedagogical ideas into instructional content for Indian students, drawing on its vast experience in training students across a range of domains and geographical locations.
Through this cooperation, Indian learners will have access to a unique and powerful range of learning options for skill development, upskilling, and reskilling.
Veranda Learning’s chief program officer, Rajesh Pankaj, stated: “We are excited to collaborate with Pearson.”
Through the creation of innovative and creative learning solutions for diverse school segments, this strategic relationship facilitates collaboration opportunities.
Veranda and Pearson pledge to leverage our expertise to develop successful hybrid learning solutions that are crafted by knowledgeable teachers with first-hand awareness of the needs of students.
Veranda Learning Solutions is a publicly traded education technology company that is a part of the Kalpathi AGS Group. It provides a variety of professional skilling and upskilling programs in addition to a wide range of training programs for competitive exam preparation, such as those for the state public service commission, banking, insurance, railways, IAS, and CA.
In comparison to a net profit of Rs 1.15 crore in Q3 FY23, the company recorded a consolidated net loss of Rs 17.26 crore in Q3 FY24. In Q3 FY24, revenue from operations increased by 91.81% to Rs 91.84 crore, up from Rs 47.88 crore in Q3 FY23.
