From one classroom to a Rs 240 crore vision: SPC’s next big leap

SPC, one of India’s fastest-growing institutes in CA and commerce education, today announced a strategic partnership with Sunil Singhania, Founder of Abakkus Asset Manager, who will join the company as Lead Investor and Strategic Partner. The investment values SPC at Rs 240 crore and marks a major milestone in the company’s journey from a small village classroom to a nationwide education leader.

The alliance with Singhania will speed up SPC's growth further and anchor its position as one of the leading names in commerce education. The partnership will drive innovation, enhancement of digital learning infrastructure, and expansion of SPC's reach to aspiring students all over India.

"SPC is a growing, committed company, led by a proud, visionary founder, Swapnil Patni. I see huge growth potential in SPC and a strong purpose to transform education through innovation and technology," Singhania said.

Patni said the company was “honored to welcome” Singhania. “His mentorship will guide our next phase of growth and innovation in the education sector. His association with SPC will be a complete game-changer," he said.

From rural roots to a Rs 240 crore vision

SPC was founded in 2008 by CA Swapnil Patni and began its journey with a single classroom setup in rural Maharashtra. In 2012, it expanded its reach by launching a YouTube channel to provide free educational content. Between 2015 and 2018, SPC grew further through the establishment of virtual centers across India. In 2020, it achieved another milestone by conducting the first-ever live streaming of CA classes in India. The year 2022 marked the inauguration of SPC Gurukul, the country’s first residential CA campus. In 2023, SPC introduced Ultimate CA, a fully integrated commerce program, further strengthening its commitment to holistic commerce education.

Over the last 17 years, SPC has grown to become one of the most trusted and technology-driven brands in commerce education in India, empowering lakhs of students across the country.

The new partnership paves the way for an IPO in 2027–28, marking a transition for the company from a privately held to a publicly listed education powerhouse. The transaction was facilitated by Hem Securities, a full-service investment-banking firm renowned for its expertise in merchant banking, SME IPOs, and M&A advisory.

Redefining commerce education

Under Patni’s leadership, SPC has continuously questioned the status quo in learning methodologies and introduced technology-driven, student-centric solutions. With interventions across classroom learning, virtual education, and residential, SPC aims to capture every significant commerce segment and reshape the future of professional education in India.

"None of this would have been possible without my wife Ankita. Her constant support and contribution have been my greatest strength throughout this journey," Patni said.