Global skilling enterprise SNVA EduTech has strategically acquired Edureka, Veranda Higher Education, and Six Phrase from Veranda Learning Solutions via a share-swap arrangement.
SNVA EduTech, a global education and skilling enterprise, has completed the strategic acquisition of three entities of Veranda Learning Solutions, Edureka, Veranda Higher Education, and Six Phrase, through a share-swap arrangement.
SNVA EduTech Limited, a global education and skilling enterprise with a presence in over 60 countries, has announced the strategic acquisition of Edureka, Veranda Higher Education, and Six Phrase from Veranda Learning Solutions Limited.
SNVA EduTech Limited, a global education and skilling enterprise with a presence in over 60 countries, has announced the strategic acquisition of Edureka, Veranda Higher Education, and Six Phrase from Veranda Learning Solutions Limited.
SNVA EduTech Limited, a global education and skilling enterprise with a presence in over 60 countries, has announced the strategic acquisition of Edureka, Veranda Higher Education, and Six Phrase from Veranda Learning Solutions Limited.
Veranda Learning Solutions has entered into a strategic partnership with SNVA EduTech Limited to form a new education entity with a joint 50 per cent stake.
Verandalearning has stitched together a cross-border play with SNVA EduTech by moving its entire vocational training business into the Noida-based firm. The deal brings brands like Edureka, Veranda Higher Ed, and Six Phrase under SNVA, giving Veranda and its subsidiary a combined 50% ownership.
Chennai-based edtech firm Veranda Learning has announced a strategic partnership with Noida-headquartered SNVA EduTech, transferring its vocational training assets—including Edureka, Veranda Higher Ed, and Six Phrase—in exchange for a 50% stake in the enlarged SNVA EduTech Limited.
Veranda Learning Solutions, a listed enterprise offering end-to-end education solutions, has approved the divestment of its entire Vocational segment comprising Brain4ce Education Solutions (Edureka), Veranda Management Learning Solutions (Veranda Higher Ed) and Six Phrase to SNVA EduTech Limited (SNVA), a global education and skilling enterprise with its learners in over 60 countries for a consideration other than cash, subject to shareholders’ approval.
Chennai-based Veranda Learning Solutions has approved the divestment of its entire vocational segment comprising Brain4ce Education Solutions (Edureka), Veranda Management Learning Solutions (Veranda Higher Ed) and Six Phrase to US-based SNVA EduTech Limited (SNVA), a global education and skilling enterprise.
SNVA EduTech will issue shares to Veranda and its subsidiary, giving them a joint 50% stake in SNVA Edutech Limited. This move is a big leap under the Veranda 2.0 strategy, aimed at sharpening business focus, accelerating growth and delivering long-term shareholder value.