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AAKASH IPO
H-1B selection rate rises; VC IPO windfall in 2025There is a notable rise in H-1B selection rates, even as the number of petitions decreases. This and more in today’s ETtech Top 5.- PhysicsWallah expands into the student hostel segmentPhysicsWallah has incorporated a wholly owned subsidiary, PhysicsWallah Student Housing Private Limited, approved by the Ministry of Corpor...
- Peak XV’s Pine Labs gains; Manipal group’s bid for Byju’s parentHappy Friday! Peak XV Partners is set to make big gains from Pine Labs’ public listing today. This and more in today’s ETtech Morning Dispa...
- 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...
- Jaro Education plans IPO to raise Rs 600 croreIt has hired Nuvama Wealth, Motilal Oswal and Systematix to manage the public issue.
- 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 ...
- 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...
- 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...
- 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).
- 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...
- 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 ...
- 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 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...
- 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 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...
- Aakash, Century Metal Recycling, Ami Organics get Sebi nod for IPOThe companies had approached Sebi between June and July seeking approval for share sales.
- 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.
- Can Indore’s leading food companies make it the snack hub of the country?The city has a centuries-old tradition of food. More than its historical landmarks, it is known for the Ratlami sev, garadu chat and poha t...
- Aakash Education plans to raise Rs 1,000 crore via IPOCompany may open 4 more hospitals, besides the one in Delhi.
- Large part of IPO for investment in expansion in India: DataWind"It is not just the plants we want to fund; we actually want to fund research which does breakthroughs with such lower cost devices."
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