Veranda Race Launched in Kerala
Kochi, December 28, 2020: The Kalpathi Group owned, Veranda Learning Solutions today announced the launch of Veranda Race, in Kerala. Veranda Race, India’s leading coaching institute for Banking, SSC, and PSC exams, will initially offer result oriented online training programs for Banking and Staff Selection Commission in Kerala.
Veranda Race has launched two courses for students in Malayalam, namely, Bank Video Package for Banking, Insurance & RBI Exams and SSC Video Package for SSC, Railways & CPO Exams. The Bank Video Course fee is Rs.7500 and SSC Video Course is priced at Rs.8000. Veranda Race has a unique ‘6 level practice program’ which helps students improve their speed and accuracy in a short span of time, and their result oriented, strategic curriculum is developed exclusively for each type of competitive exams. Aspiring students can log into the website http://verandarace.com and opt for classes in Malayalam.
Veranda had recently acquired Chennai Race, for over 100 crore, to create the new brand called Veranda Race. By December 2021, Veranda Race is planning to launch course content in 11 Indian languages. During the financial year 2019-20, Race recorded sales of about INR 45 crores and had trained over 145,000 students for various competitive exams. Race has seen its students filling up about 60 to 80 percent of Tamil Nadu’s vacancies in the past 4-5 years.
On the launch of Veranda Race in Kerala, Suresh Kalpathi, CEO, Veranda Learning Solution stated “the objective of Veranda Race is to provide equal opportunities for every student with emphasis on best outcome at an affordable cost. Veranda Race focuses on ensuring rigor and discipline amongst enrolled students thereby giving them the best opportunity to get jobs once they appear for written examinations. We expect Veranda Race to grow significantly in the coming months and years with the addition of more products and languages”.
Speaking on the acquisition of Chennai Race Mr. Kalpathi said “Race is a great brand to bring under our newly launched venture, Veranda Learning Solution, as it opens new possibilities in the core areas of our business. The acquisition of Race will bolster our offerings and will further define our position in the sector”.
Talking at the launch of the program in Malayalam, Bharath Seeman, Head of Veranda Race, said "the Veranda Race programs are set for rollout nationally, in the coming months, targeting a revenue of INR 50 crores in the first year. By the end of 2021, our content will be available in 11 Indian languages and we would be training around 50,000 to 60,000 students across the country. We have priced our courses around INR 7500/- to INR Rs. 8000/- which includes course materials and mentoring support”.
“At Veranda Race we take pride in our ‘real result-oriented coaching’ approach. Our unique curriculum focuses on helping our students to land PSC and Banking jobs. At Veranda RACE the key metric to assess our success will be ‘number of students getting jobs’, which is the main goal of this venture.” Bharath added.