Veranda Learning acquires coaching institute JK Shah classes for INR 337.82 Cr
Shortpedia
Content Team
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NSE-listed edtech giant Veranda Learning Solutions’ wholly subsidiary (Veranda XL Learning Solutions Pvt Ltd) has acquired coaching institute JK Shah Classes in a cash, debt and equity mix deal. According to its regulatory filings, Veranda Learning will complete the transaction in two phases. The first phase will mark the payment of 76% of the outstanding capital for INR 337.82 Cr.
