Veranda Learning acquires test-prep firm T.I.M.E for Rs 287 crore - Moneycontrol

The acquisition, for which Veranda has now signed a definitive agreement with T.I.M.E, will happen in two phases – 80% in the first phase, and the rest 20% after two years.

Veranda Learning Solutions Ltd, the edtech firm, that got listed in the stock market earlier this month, announced on Monday that it was acquiring leading test prep firm T.I.M.E for Rs 287 crore. Th… [+2149 chars]

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