๐ Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. ๐ฅ
โ
Login
Home
News
Messages
Startup Showcase
Trackers
Premium
Premium Content
Jobs
Notifications
Settings
Try our Valuation Calculator โ
Log In
News on Medial
Chennai-based edtech Veranda Learning to acquire Tapasya Education Institutions
OutlookIndia
ยท
1y ago
Medial
Veranda Learning Solutions, an education company, is set to acquire 50% of Tapasya Educational Institutions for Rs 120 Crore. Tapasya Educational Institutions operates 19 Inter/PU Colleges and 10 Degree Colleges, catering to over 13,000 students. This acquisition will allow Veranda to expand its offerings in commerce higher education and leverage Tapasya's network for CA and competitive exam courses. Tapasya will benefit from Veranda's expertise in curriculum development and student support services. The goal is to create a more robust educational ecosystem for students in Telangana and Karnataka.
View Source
Related News
Even after 7 acquisitions, Veranda Learning is in no mood to stop. Hereโs why
Business Today
ยท
1y ago
Medial
Chennai-based Veranda Learning is actively acquiring and investing in edtech companies to create a comprehensive platform for various education segments. Founder Suresh Kalpathi emphasizes synergy and aims to stitch together programs for school, college, and career advancement. Recent acquisitions include Sreedhar's College of Competitive Exams and several other profitable ventures, totaling over Rs 400 crore. Veranda's focus spans K-12 education to upskilling, aligning with the National Education Policy's goals and the Indian government's push for modern learning tools. The company plans to continue expansion and consolidation in the education sector.
View Source
Funding and acquisitions in Indian startups this week [08-13 Jan]
Entrackr
ยท
1y ago
Medial
In the second week of January, a total of 31 Indian startups raised a funding amount of $157.3 million. This included nine growth-stage and 19 early-stage deals, with three undisclosed transactions. Bengaluru and Mumbai had the highest number of funding deals, and seed stage deals dominated the investment landscape. In terms of M&A activity, Infosys is set to acquire InSemi and Veranda Learning Solutions is acquiring Tapasya Educational Institutions. Notable news includes layoffs at InMobi and the shutdown of Resso in India.
View Source
Edtech company Veranda to tap market for fresh funding in ongoing round
VCCircle
ยท
1y ago
Medial
Edtech company, Veranda Learning Solutions Ltd, is currently in discussions with multiple investors to secure additional equity capital in their ongoing fundraising round. They have already raised a significant amount of debt in this round. Veranda, which is publicly listed, plans to use the funds for expansion and further development of its education-focused solutions.
View Source
Alakh Pandey's Physics Wallah unveils Alakh AI; Know the features
IndianStartupNews
ยท
1y ago
Medial
Edtech company Physics Wallah has launched its AI education suite called "Alakh AI" during its Vishwas Diwas event. The suite consists of AI Guru, Sahayak, and NCERT Pitara, and aims to personalize the learning experience for students in India. AI Guru acts as a 24/7 personal tutor, Sahayak tailors learning paths, and NCERT Pitara generates real-time questions from textbooks. Physics Wallah has also introduced collaborative learning environments, a low data mode, and "LearnOS Tapasya Mode" to enhance learning and accessibility for students.
View Source
Listed education company Veranda Learning raises Rs 425 crore debt from BPEA Credit
IndianStartupNews
ยท
1y ago
Medial
Veranda Learning, an education company offering competitive exam preparation and professional skilling programs, has raised Rs 425 crore through NCDs. The funds will be used for acquisitions, refinancing debts, and enhancing working capital. Veranda aims to dominate the education sector and sees this funding as instrumental in achieving strategic expansion goals. BPEA Credit's investment is a significant endorsement, and Anand Rathi Advisors highlights the attractiveness of the education sector for investors. Veranda has a successful acquisition strategy, with over Rs 1,000 crore invested and substantial revenue growth. Founded in 2018, Veranda offers a comprehensive educational ecosystem leveraging technology and personalization.
View Source
Veranda Learning acquires 40.41% Stake in BB Virtuals and 65% in Navkar Digital
Entrackr
ยท
5m ago
Medial
Veranda Learning acquires 40.41% Stake in BB Virtuals and 65% in Navkar Digital Veranda Learning Solutions has acquired a 40.41% stake in the CA coaching class BB Virtuals and a 65% stake in the offline coaching provider in Gujarat, Navkar Digital. Veranda Learning will buy an additional 10.59% stake in BB Virtuals by June 2025. This will strengthen Veranda Learning's position in commerce education across India, and its commerce division is expected to reach a pro forma EBITDA of over Rs 120 crore for FY25. Founded in 2018 by Kalpathi AGS Group, Veranda is a publicly listed digital learning platform offering test prep for government exams, banking, insurance, railways, and more. In December last year, Veranda Learning Solutions received approvals to raise Rs 250 crore through a preferential issue. Started by Bhanwar Borana, BB Virtuals is an online platform for CA and commerce aspirants. BB Virtuals claims to have trained over 200,000 students online, producing more than 500 all-India rank-holders. With BB Virtualsโ strong online presence, Veranda will amplify its reach, offering a wider range of resources to support students pursuing professional qualifications in the Commerce segment. Navkar Digital is a well-established offline education platform for chartered accountancy (CA), company secretary (CS), and cost & management accountancy (CMA) aspirants in Gujarat.
View Source
Veranda Learning completes firstโever QIP worth Rs 357 Cr
Entrackr
ยท
16d ago
Medial
Veranda Learning, an education company offering end-to-end learning solutions across the education value chain, has completed its first-ever Qualified Institutional Placement (QIP), raising Rs 357.42 crores through the issuance of 1,58,71,173 equity shares of face value Rs 10 each. The QIP witnessed participation from domestic and global institutional investors, including Authum Investment, Trust Mutual Fund, Resonance Opportunities Fund, Necta Bloom VCC, Saint Capital Fund, among others. The proceeds will be used to deleverage the balance sheet, including repayment of the Ascertis Credit facility and growth initiatives across verticals, aimed at unlocking long-term shareholder value, Veranda said in a press release. According to Veranda, the demand reflects broad endorsement of its differentiated multi-vertical education model and its long-term growth strategy. Systematix Corporate Services acted as the sole Book-Running Lead Manager for the transaction. Veranda Learning offers a variety of training programs, including competitive exam preparation for exams like State Public Service Commission, Banking, Insurance, Railways, IAS, and CA, as well as professional upskilling courses. The company operates through a multi-modal delivery system, including online, offline, and hybrid formats. Founded in 2018 by the Kalpathi AGS Group, Veranda Learning has a presence across schools, test prep, study abroad, software upskilling, and higher education. Its differentiated pedagogy, multi-modal delivery, and commitment to student outcomes have driven rapid expansion across India. It aims to democratize high-quality education at scale using technology, robust academic frameworks, and outcome-driven models.
View Source
Investor Funding Driving Behaviour Which Is Not Good For Edtech Sector: Aakash CEO
Inc42
ยท
1y ago
Medial
Deepak Mehrotra, the newly appointed MD and CEO of Aakash Education Services Ltd (AESL), emphasized the importance of both online and offline modes of learning in edtech. He stated that digital learning alone cannot fulfill the aspirations of medical and engineering students who aim to get into top institutions. Mehrotra also expressed concerns about the behavior driven by investors' funding in the edtech space and the need for consolidation. He mentioned that AESL would increase the digital component to reach out to digital natives in their preferred language. These comments come at a time when the edtech sector has been greatly impacted by funding challenges.
View Source
Four former coworkers start online higher education marketplace
Inshorts
ยท
9m ago
Medial
Four former colleagues launched Learning Routes in 2016 to connect students with top institutions across India and abroad, offering personalised counselling, free courses, and AI-powered tools to simplify college selection, reimagining Indiaโs online education space and serving over 70,000 students to date. The Gurgaon-based online higher education marketplace generated โน32 crore revenue in FY24.
View Source
HCL invests $20 mn in PE-backed digital learning firm Ei
VCCircle
ยท
1y ago
Medial
Indian IT major HCL Group has invested $20 million in digital learning company Educational Initiatives (Ei). This marks HCL's entry into the education sector. Ei, backed by private equity firm Gaja Capital, provides research-backed assessments and personalised adaptive learning solutions to schools. It plans to expand further in South Africa and enter new regions such as Kenya, Ghana and Saudi Arabia. Ei is also looking to acquire edtech product companies to enhance learning outcomes in different regions. HCL Group operates in technology, healthcare and talent management sectors and generates annual revenues of over $13.1bn.
View Source
Trackers
Active Indian VCโs
OG Capital
Email
With a hands-on approach, OG Capital aims to invest in over 20 promising...
Accel Partners
Email
Early and growth-stage investments in disruptive technology companies with...
Blume
Email
Early-stage venture capital firm investing in technology startups in India. Focus on...
Access All Trackers
Startup Showcase Winners
June 2025
Buddy
Helping your parents when you are miles away
BiteStop
The Pit Stop Your Cravings Deserve
Bloomer
The next generation E-commerce platform
Enter Ongoing Startup Showcase
Top Users
Trending News on Medial
Download the medial app to read full posts, comements and news.
Go to Medial App
Not Now
Know everything thatโs happening in the startup ecosystem, first.
Enable Notifications?
No, thanks
Count me in