Veranda Learning Solutions divests vocational arm, forms new global education entity

Veranda Learning Solutions Limited announced on September 25, 2025, the divestment of its entire vocational segment, including Brain4ce Education Solutions Private Limited, Veranda Management Learning Solutions Private Limited, and Six Phrase Edutech Private Limited, to SNVA EduTech Limited. This strategic move, approved by the board of directors, will result in Veranda and its subsidiary collectively holding a 50% equity stake in SNVA EduTech Limited through the issuance of SNVA equity shares as consideration, valued at INR 390.11 crores. This transaction is subject to shareholder approval and is expected to be completed by October 31, 2025.

The partnership aims to create a global education platform combining Veranda's domestic presence with SNVA's international network, integrating skilling, vocational, and higher education across India, USA, UK, France, Italy, Malta, Switzerland, and Singapore. The newly formed entity, with SNVA EduTech as the target, anticipates generating revenue over INR 250 crores in FY 26, growing at a CAGR of 25% over the next 4-5 years, and EBITDA increasing over INR 60 crores in FY 26 at a CAGR of 35% during the same period. The entity also plans for a future public listing.

Additionally, Veranda approved the conversion of outstanding loans extended to its wholly owned subsidiary, Brain4ce Education Solutions Private Limited, into equity shares. This conversion strengthens Brain4ce's capital structure and does not involve any fresh capital infusion by Veranda. Brain4ce's assets stood at INR 3,564.09 lakhs and turnover at INR 7,072.35 lakhs for FY 2024-25.