Veranda RACE Surpasses ₹100 Crore Revenue and 5 Lakh Cumulative Enrolments
Chennai: Veranda RACE, a learning enterprise under Veranda Learning and a leading government exam coaching institution in South India, has achieved ₹100 crore in revenue and surpassed 5 lakh cumulative student enrolments since its inception in 2012. The institution reported an annual intake of 50,000 students, signaling rising demand for competitive government exam preparation.Approximately 50,000 students enrolled across various learning formats. Offline classroom centres across Tamil Nadu, Kerala, and Karnataka accounted for 37,000 students, while approximately 12,000 learners enrolled in live online programs catering to aspirants across India and the Indian diaspora. Nearly 1,000 students participated in the Practice Village residential coaching program.
Veranda RACE has trained over 5,00,000 aspirants in the past fourteen years. Its YouTube channels collectively serve over 2 million subscribers through free exam preparation content.
Revenue has significantly grown from ₹51 crore in FY 2022-23, more than doubling within three years. A total of 2754 Veranda RACE students cleared government examinations across categories including Banking, SSC, Railways, TNPSC, Kerala PSC and TNTET.
To recognize these successes, Veranda RACE will hold its annual Victory Lap, a series of Success Meets across 15 cities and towns in Tamil Nadu, Kerala, and Karnataka.
"Over the past fourteen years, more than five lakh students have placed their trust in us," said Bharath Seeman, Founder, Veranda RACE and CEO of Veranda IAS. "Crossing ₹100 crore in revenue is a meaningful milestone, but what truly matters is the impact behind these numbers."
Santhosh Kumar, Chief Executive Officer, Veranda RACE, stated, "The number we are most proud of is 2754, the students who cleared their examinations this year."
Suresh Kalpathi, Executive Director and Chairman, Veranda Learning Solutions, commented that the milestone reflects the strength of outcome-driven education.
The revenue figures mentioned pertain to revenue from sale of services and are based on unaudited internal management accounts.
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