Acquisitions & Mergers

Veranda Learning purchases stock in Navkar Digital and BB Virtuals.

Veranda Learning purchases stock in Navkar Digital and BB Virtuals.

By Kajal Sharma - 01 Mar 2025 08:55 PM

By June 2025, the corporation plans to purchase an additional 10.59% of BB Virtuals. Veranda anticipates a pro forma EBITDA of more than Rs 120 crores for FY25 as a result of these acquisitions. A premier online resource for those aspiring to become chartered accountants (CAs) and commerce professionals, BB Virtuals was developed by the well-known CA educator Bhanwar Borana. More than 500 all-India rank winners have been produced from its more than 200,000 online pupils.Mr. Hiteshkumar Shah founded Navkar Digital, a reputable offline learning environment for Gujarati candidates aspiring to become chartered accountants (CA), company secretaries (CS), and cost and management accountants (CMAs). Prof. J.K. Shah, the founder of JK Shah Classes "By bringing in BB Virtuals and Navkar Digital into the Veranda ecosystem integrating these companies with JK Shah Classes, we are building a powerful alliance that provides students pursuing commerce education with unparalleled academic support.

"Part of the Kalpathi AGS Group, Veranda Learning Solutions is a publicly traded education technology company that provides a variety of professional skilling and upskilling programs in addition to training programs for competitive exam preparation, including those for the state public service commission, banking, insurance, railways, IAS, and CA.

 

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