This acquisition will enable Veranda Learning to expand its reach and provide students with a wider range of high-quality educational programs.
Veranda Learning Solutions, a listed enterprise providing end-to-end solutions in the education sector, announced the signing of a business transfer agreement with Kerala-based Logic Management Training Institutes Pvt. Ltd. This acquisition will enable Veranda Learning to expand its reach and provide students with a wider range of high-quality educational programs.
Established in 2005, Logic Management Training Institute has grown into a premier institution renowned for its professional financial courses. Logic is present in eight branches across Kerala, attracting nearly 5000 students annually to its array of seven Commerce Professional courses.
These courses include CMA (USA and India), CA, CS, ACCA, CPA, and EA. Furthermore, logic is associated with institutions like Chinmaya University, Amrita University, and numerous colleges across South India. As per a company statement, CMA USA has an average pass rate of 80 per cent, while for other international courses, the average pass rate is 60 per cent.
As an integral component of Veranda's Commerce Education initiative, Logic will collaborate with JK Shah Classes, thereby enriching the educational landscape and presenting students with unparalleled opportunities for growth and success.
Suresh Kalpathi, Executive Director and Chairman of Veranda Learning, expressed his excitement about the synergies created by this acquisition, stating, “Logic seamlessly integrates into what we proudly call the Veranda ecosystem. I am confident that this will help us in our mission of touching the lives of over 1 million students in FY24–25.”
Veranda Learning remains committed to driving innovation and excellence in the education sector, and this acquisition of Logic reflects its dedication to empowering students with the skills and knowledge needed to thrive in today’s competitive landscape.
Founded in 2018 by the Kalpathi AGS Group, Veranda Learning Solutions is a publicly listed education company that offers a bouquet of training programs for competitive exam preparation, including the State Public Service Commission, Banking, Insurance, Railways, IAS, and CA, as well as a slew of professional skilling and upskilling programs. Veranda Learning forayed into high-demand financial courses such as Chartered Accountancy through India’s premier CA test-preparation institute, J. K. Shah Classes. Veranda Learning Solutions’ platform combines technology, processes, and methodologies to provide high-quality, in-depth, personalised learning opportunities and content to learners across the country.