Kalpathi S. Suresh is the Executive Director and President of Veranda Learning Solutions. He spoke to Digital Learning Magazine about the strengths of the Edtech industry.
Give us a brief overview of your business
Veranda Learning Solutions offers diverse and integrated learning solutions in blended online, offline and hybrid formats to students, aspirants and graduates, professionals and corporate employees through a multitude of competitions, professional courses, courses focused on exams, short-term refresher and retraining courses.
We offer our services through our four wholly-owned subsidiaries, including Veranda Race, Veranda CA, Veranda IAS and Brain4ce, whose customer-facing brand is called Edureka. State Civil Service Commission, Personnel Selection Commission, Banking, Insurance and Railroad Preparatory Courses are offered under Veranda Race. Under Veranda CA and Veranda IAS, we offer CA preparatory courses and training for the Union Civil Service Commission (preliminary, main exam and personality tests). With the acquisition of Edureka in September 2021, we expanded our presence in software education in global markets.
We offer 360-degree integrated training to students by providing them with comprehensive courses prepared by our content team. Through our B2B offerings, we also offer customized short and long-term training courses and other company courses for employees.
What is the greatest strength of the EdTech industry to make a paradigm shift in the education ecosystem?
The COVID-19 pandemic and subsequent lockdown forced all educational institutions – schools, colleges, universities – across the country to transition from offline to online mode. This has led to a significant increase in the number of students studying online in India since March 2020. Along with this, there has been an increase in demand for EdTech platforms from Tier II, III, from semi-urban and rural areas, with the requirement of courses in local vernacular languages. .
I believe ever-changing technology is the greatest strength of the edtech industry. Clearly visible is how the industry has begun to integrate advanced technology to make education available in the form that students need. Technology helps to personalize learning according to the needs of each student. Edtech apps can help track student progress throughout the course and make recommendations and suggestions as needed.
Do online mentoring programs have the potential to deliver the best to everyone and therefore bridge the socio-economic gap?
Online education offers a low-cost alternative to traditional education due to lower infrastructure costs and a larger student base. Private edtech companies, I’m sure, are also trying to bridge the socio-economic divide in online learning. Our brand commitment is to deliver a high-quality, affordable program that drives results, and we work hard to deliver on that promise in Tier Two, Three, and Four Cities.
Online media are said to have the power to adhere to the policy parameters of NEP – access, equity, quality, affordability and accountability. Your views.
The NEP envisions an education system rooted in the Indian ethos that directly contributes to transforming India into an equitable and vibrant knowledge society, providing high quality education to all, and thereby making India a global superpower in to know.
The vision of the policy is to instill in learners a deep-rooted pride in being Indian not only in thought but also in spirit, intellect and deed, as well as to develop knowledge, skills, values and dispositions that support responsible commitment to human rights, sustainable development and living, and global well-being, thereby reflecting a true global citizen. The NEP instils a lot of optimism about the future of the education sector.