Veranda Learning to acquire a 76% stake in JK Shah for $41m.

Veranda Learning, a digital learning platform, agreed to acquire a 76% stake in JK Shah, a CA coaching platform, for $41m. "We have an 'extension and expansion' strategy with this acquisition. We will help JK Shah expand to 300-350 significant locations with an intent to make them as strong as they are in Maharashtra, nationally. We will also leverage our in-house digital strength to make them the best online CA coaching platform," Kalpathi S. Suresh, Veranda Learning Chairman and CEO.