Partnership Details
Veranda RACE, a Veranda Learning enterprise, has entered into a Memorandum of Understanding (MoU) with Dr. Rajkumar Academy for Civil Services (DRACS). This represents a strategic integration of the two institutions.
Scope of Agreement
The MoU covers four key areas:
- Academic operations
- Brand stewardship
- Government and institutional partnerships
- Continuation of DRACS' social-impact initiatives under the Veranda RACE umbrella
DRACS Background
Dr. Rajkumar Academy for Civil Services has operated for nine years as a recognized coaching institution for:
- UPSC examinations
- KAS examinations
- KPSC examinations
- Other State Public Service Commission examinations
The academy operates from its center in Vijayanagar, Bengaluru, and is named after the late Dr. Rajkumar, recipient of the Dadasaheb Phalke Award and the Padma Bhushan.
Strategic Rationale
The partnership combines DRACS' established reputation among civil services aspirants and the wider community with Veranda RACE's:
- Academic expertise
- Technology-enabled learning ecosystem
- Operational scale
Institutional Relationships
The collaboration will continue DRACS' existing institutional relationships, including partnerships with:
- Departments of the Government of Karnataka
- United Nations Development Programme (UNDP)
- United Nations Children's Fund (UNICEF)
- Several non-governmental organizations
Goodwill Ambassadors and Community Initiatives
Members of the Dr. Rajkumar family will serve as Official Goodwill Ambassadors. The partnership will maintain flagship community initiatives including:
- Prithvi Scholarship Test
- 'Be a Scribe' programme
These initiatives will continue with due recognition to the Dr. Rajkumar family's role in founding and nurturing them.
Management Commentary
Santhosh Kumar, CEO, Veranda RACE stated: "Karnataka has long been one of India's key centres for civil services preparation, producing generations of capable administrators and public servants. DRACS has earned the confidence of students and stakeholders through years of consistent academic work and meaningful community engagement. By bringing together their local credibility and our academic and technology capabilities, we believe we can widen access to quality coaching and create stronger outcomes for aspirants across the state."
Yuva Rajkumar, Founder of DRACS and grandson of Dr. Rajkumar stated: "For our family, DRACS has always stood for something larger than an institution. It represents an enduring commitment to education, opportunity and public service, values that were deeply important to Dr. Rajkumar. As we looked ahead, our priority was to find a partner that would preserve this purpose while taking the institution to a wider audience. We believe Veranda RACE has the experience, scale and academic focus to build on that foundation, while ensuring that the initiatives and ideals that shaped DRACS continue to benefit future generations of students."
Safe Harbour Statement
The press release contains forward-looking statements regarding plans, strategies, intentions, and beliefs concerning the company's business and markets. The company assumes no obligation to update these statements as circumstances change and notes that actual events may differ materially from these statements.
Company Background
Veranda Learning Solutions Limited was established in 2018 by the Kalpathi AGS Group and has evolved into a publicly listed education company with presence in:
- Schools
- Colleges
- Test preparation
- Study abroad
- Software upskilling
The company integrates advanced technology, robust processes, and innovative methodologies to offer personalized learning experiences through a multi-modal delivery system.