Veranda Learning Solutions Limited announced on 24 July 2026 that its civil services coaching division, Veranda RACE, has entered into a Memorandum of Understanding with Dr. Rajkumar Academy for Civil Services (DRACS) in Karnataka. Under the agreement, Veranda RACE will integrate DRACS' academic operations, brand governance, and government partnerships while continuing the academy's social impact initiatives across civil services examination preparation.
Key Highlights
- Veranda Learning Solutions signed an MoU with Dr. Rajkumar Academy for Civil Services on 24 July 2026, marking the strategic integration of the two coaching institutions serving UPSC, KAS, KPSC and State Public Service Commission aspirants.
- DRACS has operated for nine years from its Vijayanagar centre in Bengaluru and has built a reputation among civil services candidates across Karnataka.
- The partnership will preserve institutional relationships with the Government of Karnataka, UNDP, UNICEF and non-governmental organisations currently maintained by DRACS.
- Members of the Dr. Rajkumar family will serve as Official Goodwill Ambassadors, and flagship community initiatives such as the Prithvi Scholarship Test and 'Be a Scribe' programme will continue under Veranda RACE's stewardship.
- Veranda RACE will contribute its academic expertise, technology-enabled learning ecosystem and operational scale to expand civil services coaching reach across Karnataka.
- The agreement ensures continuity of DRACS' social-impact initiatives and community engagement programmes while integrating them into Veranda's broader education platform.
About the Company
Veranda Learning Solutions Limited (NSE:VERANDA) is a publicly listed education technology company established in 2018 by the Kalpathi AGS Group. Headquartered in Chennai, the company operates across multiple segments including school education, college preparation, competitive examination coaching, study abroad advisory and software upskilling. Veranda Learning's offering spans test preparation services under its RACE brand, covering civil services examinations, defence entrance tests and professional certifications. The company employs a multi-modal delivery system combining digital technology with classroom instruction and personalised learning frameworks. With operations extending across India, Veranda Learning integrates advanced learning technologies and structured curricula to serve students preparing for government examinations, entrance tests and career advancement programmes. The company's CIN is L74999TN2018PLC125880, and its registered office is located at G.R. Complex, First Floor, No. 807-808, Anna Salai, Nandanam, Chennai 600 035.
Announcement in Detail
Veranda Learning Solutions disclosed under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 that Veranda RACE, its civil services coaching enterprise, has signed a Memorandum of Understanding with Dr. Rajkumar Academy for Civil Services. The agreement encompasses academic operations management, brand stewardship, government and institutional partnerships, and the continuation of DRACS' social-impact initiatives under the Veranda RACE umbrella. The MoU was announced on 24 July 2026 through an official press release filed with the National Stock Exchange and BSE Limited.
Dr. Rajkumar Academy for Civil Services (DRACS) has operated as a standalone civil services coaching institution for nine years from its centre in Vijayanagar, Bengaluru. The academy is named after Dr. Rajkumar, the late recipient of the Dadasaheb Phalke Award and Padma Bhushan. DRACS has established itself as a recognised coaching provider for UPSC, KAS, KPSC and other State Public Service Commission examinations. Under the partnership agreement, DRACS' existing institutional relationships with departments of the Government of Karnataka, UNDP, UNICEF and several non-governmental organisations will be preserved and continued. Members of the Dr. Rajkumar family will serve as Official Goodwill Ambassadors, and the academy's flagship community programmes including the Prithvi Scholarship Test and the 'Be a Scribe' initiative will continue with full recognition of the family's foundational role.
Santhosh Kumar, Chief Executive Officer of Veranda RACE, commented that Karnataka is a key centre for civil services preparation in India and that DRACS has earned student and stakeholder confidence through consistent academic delivery and community engagement. The CEO stated that the combination of DRACS' local credibility with Veranda RACE's academic and technology capabilities would widen access to quality coaching and strengthen outcomes for civil services aspirants across Karnataka. Yuva Rajkumar, Founder of DRACS and grandson of Dr. Rajkumar, said the partnership was selected to preserve the institution's purpose while extending its reach to a wider audience, and that Veranda RACE possesses the experience, scale and academic focus required to build on DRACS' foundation while ensuring that the academy's initiatives and ideals continue to benefit future generations.
Impact on Investors
Investors will note that this partnership represents a geographic and institutional expansion of Veranda RACE's civil services coaching footprint into Karnataka, one of India's established centres for competitive examination preparation. The filing shows that Veranda Learning Solutions has acquired operational control of an established nine-year-old coaching academy with an embedded reputation among UPSC and state public service commission aspirants. By integrating DRACS' operations, Veranda Learning gains access to an existing student base, established relationships with government bodies and international development organisations, and an operational presence in a key market for civil services preparation. The partnership structure preserves brand recognition and community goodwill associated with the Dr. Rajkumar name through the appointment of family members as Official Goodwill Ambassadors and the continuation of established social-impact programmes such as the Prithvi Scholarship Test.
The disclosed terms indicate that DRACS will operate as an integrated entity within Veranda RACE's ecosystem, contributing its operational infrastructure and institutional partnerships while gaining access to Veranda Learning's technology-enabled learning platform and nationwide operational scale. Shareholders will observe that this strategic move aligns with Veranda Learning's multi-modal approach to education delivery and its focus on expanding reach across test preparation segments. The filing does not disclose financial consideration details or a specific integration timeline. Investors should note that successful integration of the two institutions' academic operations, student management systems and brand positioning will be material to realising the stated objective of widening access to quality civil services coaching across Karnataka and delivering stronger outcomes for examination aspirants.
Sector / Market Context
India's competitive examination coaching sector serves millions of aspirants preparing for union and state-level civil services examinations, defence entrance tests and professional certifications. The UPSC and various state public service commissions conduct periodic recruitment cycles that generate sustained demand for structured coaching, test materials and mentoring services. Karnataka has historically been recognised as a significant hub for civil services preparation, with Bengaluru and surrounding regions hosting numerous established coaching institutions. The sector has experienced growing adoption of technology-enabled learning delivery, blended learning models combining digital content with classroom instruction, and adaptive learning platforms specific to examination-specific syllabi. Veranda Learning Solutions, established in 2018 by the Kalpathi AGS Group, has positioned itself across multiple education segments including school, college and professional examination preparation. The broader Indian education technology sector has seen consolidation activity as established players expand geographically and acquire regional coaching institutions to scale their reach and student volumes across different competitive examination categories.