Market slump spooks startups; Blinkit gets a Rs 1,500-crore top-upHappy Tuesday! The recent stock market downturn has sounded an alarm for IPO-bound new-age companies. This and more in today’s ETtech Morni...
25 Feb, 2025, 08.16 AM IST
Jaro Education plans IPO to raise Rs 600 croreIt has hired Nuvama Wealth, Motilal Oswal and Systematix to manage the public issue.
27 Feb, 2024, 10.26 PM IST
Ranjan Pai turns white knight for Byju’s with 40% stake in AakashThe Aakash board has approved the conversion into equity of the $300 million Pai invested during 2023, they added. This values the company ...
25 Jan, 2024, 09.18 AM IST
Byju’s-owned Aakash Institute reports 82% rise in FY22 profit to Rs 79.5 croreOperating revenue during the period grew 45% to Rs 1,421 crore, as per the company’s filings with the Ministry of Corporate Affairs on Satu...
16 Jan, 2024, 09.52 AM IST
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...
30 Jun, 2023, 05.34 PM IST
Now, P2P lending players under RBI lens; BigBasket, Town Essentials tussle is backThe emerging peer-to-peer (P2P) lending industry is the latest to attract the attention of the Reserve Bank of India (RBI).
06 Jun, 2023, 07.38 AM IST
Byju’s weighs IPO of its test prep subsidiary Aakash by mid-2024The announcement on the IPO for Aakash, which Byju’s acquired in 2021 for $950 million, has come amid the company reportedly facing a $40 m...
06 Jun, 2023, 12.18 AM IST
Wipro chief Thierry Delaporte wants bold bets; Byju’s plans Aakash IPO next yearDespite the fall in global tech spending and executive chairman Rishad Premji taking a 50% pay cut for FY23 due to a profit decline, Wipro ...
05 Jun, 2023, 07.32 PM IST
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 ...
05 Jun, 2023, 01.44 PM IST
Byju's raises debt of Rs2K cr linked to future Aakash IPOByju's has raised a ₹2,000-crore structured credit transaction from Davidson Kempner Capital. The transaction is a three-year loan facility...
13 May, 2023, 09.54 AM IST
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...
09 Mar, 2023, 05.46 PM IST
Byju Raveendran raising funds to buy back up to 15% in edtech firm: reportCurrently, Raveendran owns about 25% of the edtech startup. Discussions with shareholders and financiers are still in the early stages and ...
04 Jan, 2023, 06.22 PM IST
Byju’s eyes another $250-300M funding; Musk’s seven-day Twitter blitzkriegThree weeks after it said it would sack about 2,500 employees, and a fortnight after it raised $250 million from Qatar Investment Authority...
03 Nov, 2022, 07.52 PM IST
Byju’s finalising IPO valuing tutoring unit at up to $4 billionThe company is in talks with at least four foreign banks -- JPMorgan Chase & Co., Citigroup Inc., Goldman Sachs Group Inc. and Morgan Stanl...
03 Nov, 2022, 04.07 PM IST
Aakash, Century Metal Recycling, Ami Organics get Sebi nod for IPOThe companies had approached Sebi between June and July seeking approval for share sales.
02 Oct, 2018, 03.15 PM IST
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.
19 Jul, 2018, 07.40 PM IST
Aakash Education plans to raise Rs 1,000 crore via IPOCompany may open 4 more hospitals, besides the one in Delhi.
04 Oct, 2017, 11.12 AM IST