Veranda Learning targets 600 crores revenue in 5 years from institutional partnerships

Signs MoU With Sri Krishna Arts and Science College, Coimbatore to launch B.Com-ACCA course

CHENNAI, 18th JUNE 2024: Veranda Learning Solutions, a listed enterprise offering end-to-end solutions in the education space, through its subsidiary Veranda XL Learning Solutions, has signed a MoU (Memorandum of Understanding) with Sri Krishna Arts and Science College in Coimbatore to deliver a B.Com course with value-added ACCA (Association of Chartered Certified Accountants) accreditation.

Currently, Veranda as a group has partnerships with over 350 premier institutes such as Vellore Institute of Technology, SRM Institute of Science and Technology, Sathyabama Institute of Science and Technology, Rathinam College of Arts and Science, Sastra Deemed University, Amrita University and KL University, among others apart from the institutions that they serve through partnership with various State skill development organisations.

Veranda’s extensive educational offerings cater to a diverse range of learners, from fresh graduates to experienced professionals seeking career advancement. Through these collaborations, Veranda offers value-added courses like B.Com + Chartered Accountancy (CA), B.Com + Association of Chartered Certified Accountants (ACCA) accreditation and MBA + ACCA .

The ACCA qualification is recognized in over 180 countries, providing graduates with the credentials to pursue lucrative career opportunities globally. For students enrolled, this program is designed to help them get exemption from writing 9 out of the 13 papers required for ACCA coursework exams, significantly accelerating their path to professional certification. Veranda expect to launch similar integration across degree programs such as BSc., BA, BBA etc. in the future.

Highlighting the significance of these collaborations, Smt. S. Malarvizhi, Chairperson and Managing Trustee of Sri Krishna Institutions, stated, “Our partnership with Veranda underscores our dedication to providing students with comprehensive educational opportunities that extend beyond traditional boundaries. The B.Com with value-added ACCA course exemplifies our commitment to academic innovation and excellence, equipping our students to thrive in an increasingly complex financial landscape.”

Mr. Suresh Kalpathi, Executive Director and Chairman of Veranda Learning Solutions, shared his vision for the company’s future: “At Veranda, our mission is to transform the educational landscape. We work closely with reputed institutions to offer integration of their degree programs with industry-relevant specialisation and/or professional qualification to make these students readily employable and productive right out of college. We expect to train over 3 lakh students through these partnerships over the next 5 years while generating revenues of about 600 crores.”

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