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Veranda Learning and Pearson form strategic partnership to advance Higher Education in India

Posted On: 2024-04-16 22:41:25 (Time Zone: IST)


Veranda Learning Solutions, a listed enterprise offering end-to-end solutions in the education space today announced a strategic agreement with Pearson (FTSE: PSON.L), the world's leading learning company, to synergize their expertise in content creation and delivery of resources for test preparation and higher education in India. With an initial focus on competitive test preparation and IT education content, Pearson and Veranda will explore broadening their collaboration to offer comprehensive hybrid learning solutions in the higher education sector in India.

Rajesh Pankaj, Chief Program Officer of Veranda Learning, expressed his enthusiasm about the partnership, stating, "We are delighted to join forces with Pearson. This strategic alliance opens doors to collaborative opportunities, fostering innovation and creativity in learning solutions for various education segments. By combining our strengths, Veranda and Pearson promise to bring out effective hybrid learning products that are created by experienced faculty who have hands-on knowledge of students' requirements."

Vinay Kumar Swamy, Country Head, Pearson India said, "We are excited to join hands with Veranda Learning Solutions and work together to provide comprehensive solutions for test preparation and higher education in India. Through this collaboration, we will be introducing a series of new hybrid products that will further strengthen our existing portfolio and establish new benchmarks of quality in the education ecosystem."

Through this collaboration, Pearson aims to expand the reach and accessibility of its hybrid learning solutions, catering to the evolving needs of learners across India. Leveraging its extensive experience and well-established presence in India, Pearson will deliver higher education solutions that meet the international standards while addressing the specific demands of the India job market.

Veranda, leveraging its extensive experience in training students across diverse domains and geographies, will tailor educational content for Indian students by integrating its distinct pedagogical approaches. This partnership promises to provide Indian learners with a distinctive and highly impactful array of learning solutions for skill development, upskilling and reskilling.

Shares of Veranda Learning Solutions Limited was last trading in BSE at Rs. 194.15 as compared to the previous close of Rs. 191.50. The total number of shares traded during the day was 14183 in over 433 trades.

The stock hit an intraday high of Rs. 202.80 and intraday low of 190.00. The net turnover during the day was Rs. 2784576.00.


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