India: Veranda bucks edtech slowdown trend, gets nod to raise $38m

India: Veranda bucks edtech slowdown trend, gets nod to raise $38m

Online Education

At a time when the edtech startups are struggling to keep their businesses afloat in India, public-listed Veranda Learning Solutions Ltd announced that its board has approved raising about $38 million (Rs 300 crore) through a preferential issue of shares.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter