Veranda Learning Partners with Jaro Education for Online Commerce Expansion
Filing Summary
Veranda Learning Solutions Ltd, through its entity J.K. Shah Classes, has partnered with Jaro Education to enhance online commerce education in India. The collaboration aims to extend structured commerce education to Tier-2 and Tier-3 cities. J.K. Shah Classes, a leader in professional commerce certifications, will leverage Jaro Education’s technology infrastructure for digital delivery. The partnership aligns with Veranda’s strategy to consolidate its commerce vertical under J.K. Shah Commerce Education. The company is seeking stock exchange approvals for a demerger to create a focused, debt-free platform within 7–12 months.
Veranda Learning Solutions Ltd, through its entity J.K. Shah Classes, has entered into a partnership with Jaro Education to expand online commerce education across India. The collaboration is designed to provide structured and outcome-driven commerce education, particularly targeting Tier-2 and Tier-3 cities. J.K. Shah Classes, known for its leadership in coaching for professional commerce certifications, will utilize Jaro Education’s technology infrastructure to deliver its programs digitally.
The financial terms of the partnership were not disclosed in the filing. However, the collaboration is part of Veranda Learning’s strategic initiative, termed ‘Veranda 2.0’, which involves consolidating its commerce vertical under the newly formed entity, J.K. Shah Commerce Education. This consolidation includes integrating brands such as J.K. Shah Classes, BB Virtuals, Navkar Digital Institute, Tapasya College of Commerce and Management, and Logic School of Management. The company is in the process of obtaining stock exchange approvals for a demerger, aiming to establish a focused, debt-free platform for the commerce education segment within a timeframe of 7 to 12 months.
The operational scope of the partnership involves Jaro Education supporting the digital delivery and selective scale-up of J.K. Shah Classes’ commerce programs. This support includes providing technology infrastructure and learner support services, enabling J.K. Shah Classes to extend its ICAI- and ICSI-aligned pathways to learners in Tier-2 and Tier-3 cities. J.K. Shah Classes has a history of educating over 50,000 students annually across 111 centers, with a notable record of producing 2,072 CA rankers and 245 CS rankers.
The collaboration is set against the backdrop of a growing demand for qualified commerce professionals in India. The President of the Institute of Chartered Accountants of India (ICAI) has projected a requirement of nearly 50 lakh Chartered Accountants by 2050. This partnership aims to address this demand by leveraging J.K. Shah Classes’ academic rigor and Veranda’s vision of scaling high-quality education through integrated digital delivery.
The timeline for the implementation of this partnership aligns with Veranda Learning’s ongoing efforts to consolidate its commerce vertical. The company is actively pursuing stock exchange approvals for the demerger, which is expected to be completed within 7 to 12 months. This strategic move is intended to create a focused platform for the high-growth commerce education segment.
Jaro Education is known for its work with leading Indian and global institutions to deliver accredited programs through online and hybrid formats. The company supports institutions in scaling responsibly, with a focus on management, technology, and techno-functional fields.
Veranda Learning Solutions Ltd, established in 2018 by the Kalpathi AGS Group, is a publicly listed education company. It has a strong presence in schools, colleges, test preparation, study abroad, and software upskilling. Veranda integrates advanced technology and innovative methodologies to offer personalized learning experiences, focusing on student success and academic excellence.