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Announced

Veranda Learning Solutions to acquire a 51% stake in BB Virtuals.

Synopsis

Veranda Learning Solutions, a company specializing in end-to-end education solutions, agreed to acquire a 51% stake in BB Virtuals, an established online platform for Chartered Accountancy aspirants in India. Financial terms were not disclosed. "We are thrilled with the robust response to the private placement driven by marquee investors. This successful fundraising equips Veranda with a robust capital base to drive our next phase of growth and demonstrates the confidence of investors in the vision and our potential for growth," Kalpathi S Suresh, Veranda Learning Director and Chairman.

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