On October 28, 2022, Veranda Learning Solutions Limited closed the transaction. The company issued 5,796,532 shares for gross proceeds of INR 1,779,535,324 and 2,000,000 pre-paid warrants for gross proceeds of INR 153,500,000, for aggregate gross proceeds of INR 1,933,035,324. The transaction included participation from 65 non-promoters for shares including Zenith Multi Trading Dmcc for 713,785 shares, Incred Wealth And Investment Services Private Limited for 525,000 shares and APT Real Estates Private Limited for 335,000 shares, and 3 promoters for warrants.