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AAKASH EDUCATION
Byju Raveendran says settlement near after Singapore court contempt orderByju's founder Byju Raveendran announced a settlement in principle with lenders like GLAS Trust and Qatar Investment Authority, following a...
From $22 billion to zero: Success, not failure, brought Byju downByju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from ...
From billionaire to jail: Why Byju Raveendran is facing prison and how $22B startup with SRK & Messi as ambassadors crashedByju's founder Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt of court. The court cited his dis...
Byju’s founder Raveendran sentenced to six months in jail for contempt of courtByju Raveendran, founder of the failed Indian tech firm Byju's, has been sentenced to six months in jail by a Singapore court for contempt....
CCI levies Rs 50 lakh penalty on Manipal Group for not disclosing stake hike in Aakash Educational ServicesThe Competition Commission of India has fined Manipal Group Rs 50 lakh. This penalty is for not disclosing stake increases in Aakash Educat...
UpGrad to acquire Unacademy for Rs 2,055 crore, 90% below peak valuationAfter on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an...
Former Bihar BJP leader R K Singh to launch his own partyFormer bureaucrat R K Singh is launching a new political party. The party will focus on national and public interest. It aims to unite hone...
Aakash Educational Services appoints Alka Garg as its CFOAakash Educational Services Limited (AESL) has appointed Alka Garg as its new CFO. Garg brings over 22 years of experience with listed comp...
SC rejects Byju’s lender's plea; clears path to Rs 240-crore rights issueThe Supreme Court dismissed petitions by Think & Learn’s resolution professional and Glas Trust, challenging Aakash Educational Services to...
CCI clears Manipal Group's stake purchase in Aakash Educational ServicesThe Competition Commission of India (CCI) has approved the Manipal Group's acquisition of a stake in Aakash Educational Services from found...
NCLAT sends Aakash's AoA amendment case back to NCLTOn Friday, the Chennai bench of the National Company Law Appellate Tribunal disposed of the petitions filed by Manipal Health Systems and A...
Aakash to invest Rs 100 cr to rebuild Aakash Digital in two yearsAakash Educational Services plans to invest Rs 100 crore to scale up its edtech unit, Aakash Digital, following its exit from BYJU'S contro...
Byju's seeks investors to sell stake in Aakash Education: reportThink & Learn, Byju's holding company, is looking to dilute up to 20% of its total 70% equity stake in Aakash Education, said a report from...
BYJU'S Aakash to launch IPO next yearBYJU'S, the leading edtech company, will launch the Initial Public Offering (IPO) for its subsidiary Aakash Education Services by mid-next ...
Byju’s is said to seek $250 million in Aakash pre-IPO fundingAakash Educational Services will issue convertible notes that will convert into equity at a discount of 20% to the listing price of the uni...
Byju's-owned Aakash Educational Services eyes 60-70% growth this year; new centres, hiring on cardsAakash Educational Services Ltd -- which provides test preparatory services to students gearing up for medical and engineering entrance exa...
Byju's signs billion-dollar deal to acquire Aakash Educational Services: ReportThe deal for what will be one of the largest edtech acquisitions in the world should close in the next two or three months.
Aakash Educational Services bets big on digital edutech, remote learning demandsThe new subsidiary will comprise Aakash Digital and Meritnation businesses. AEPL will provide an online platform for students to access liv...
Aakash Education files Rs 1,000 crore IPO papers with SebiThe offer will see the sale of 1.85 crore shares by promoters, according to the draft papers.
Aakash institute opens 3rd centre in Ahmedabad, aims 100 centres by this yearAakash, a coaching institute opens its third centre in Ahmedabad and targets to achieve 100 centres by the end of this fiscal year.