SNVA EduTech Ltd, a global education and skilling enterprise with presence in over 60 countries, has announced the strategic acquisition of Edureka, Veranda Higher Education, and Six Phrase from Veranda Learning Solutions Ltd.
This acquisition will be completed through a share-swap arrangement, under which Veranda and its subsidiary will hold a joint stake in SNVA EduTech. This partnership aims to build one of the most comprehensive global education ecosystems, with a strong footprint spanning India, the US, the UK, France, Italy, Malta, Switzerland, and Singapore.
Vivek K Singh, chairman & CEO, SNVA EduTech, said that this will prove to be a game-changer for students and jobseekers in India and abroad. “For Indian students and jobseekers, this partnership opens the door to affordable, world-class education and career-focused training without the need to travel abroad,” he said. “By integrating international degree pathways with employability-driven skilling, SNVA EduTech is directly addressing India’s youth unemployment challenge and contributing to the government’s vision of creating a skilled, globally competitive workforce. This move is expected to significantly enhance India’s human capital and strengthen its role in the global education and skilling economy.”
Through this acquisition, SNVA EduTech now consolidates a world-class suite of education and skilling businesses, including Careerera (delivering university courses worldwide in areas including business, management, technology, AI, cybersecurity, healthcare, law, and humanities); EuroAmerican Education (SNVA’s global higher education arm); Edureka (upskilling platform for technology professionals); Veranda Higher Education (distribution network for higher education); and Six Phrase (skilling and training solutions for universities and colleges).
From skilling to global degrees
Singh added that with this strengthened structure, SNVA EduTech is uniquely positioned to deliver domestic and international degrees in management, technology, liberal arts, and social sciences; professional certifications in AI, data science, and cybersecurity; employability-focused skilling and training, delivered across universities and colleges in India and abroad; and seamless global pathways, enabling Indian learners to transition into degree programmes at SNVA’s universities in the US and Europe.
Strong growth outlook
Collectively, SNVA EduTech expects to impact more than 200,000 learners annually, addressing India’s employability challenge while creating global opportunities for students.
As far as future outlook is concerned, this entity is expected to deliver revenue over Rs 250 crore in FY26 and grow at a CAGR of 25% over 4-5 years, with EBITDA expected to increase over Rs 60 crore in FY26 at a CAGR of 35% over the same period.
SNVA EduTech will also explore a public listing at the right time in the near future, and plans further acquisitions to expand and strengthen its global presence.