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AAKASH INSTITUTE FUNDING
Startup investors cash out nearly Rs 18,000 crore after IPO lock-ins endTop global investors like SoftBank and KKR have cashed out nearly Rs 18,000 cr from new-age Indian companies post-listing. This marks a shi...- Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.
- 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...
- Aakash CFO Vipan Joshi steps down amid senior-level exits, funding challengesThis follows the exit in August of managing director and chief executive officer Deepak Mehrotra, who served in the role for a little over ...
- 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...
- Aakash shareholders approve share capital increase ahead of rights issueRaising the share capital is an important step before floating a rights issue. Glas Trust, which represents Byju’s US lenders, had earlier ...
- NCLT declines relief to Byjus, refuses to stay Aakash EGM on rights issueIn his argument, counsel for Byju’s parent Think and Learn said the proposed rights issue would slash its stake in Aakash Educational Servi...
- Aakash’s backers slam AoA tweak plan at NCLTSenior advocate Darius Khambata, representing the minority shareholders, said that these articles are legally binding and would take preced...
- Aakash Institute seeks NCLT nod to amend Articles of Association amid shareholder feudThis follows the subsidiary of Think & Learn, the parent company of embattled edtech firm Byju’s, seeking to remove the rights of minority ...
- Byju's Aakash Institute appoints Deepak Mehrotra as MD and CEODeepak Mehrotra has been named as the MD and CEO at Aakash Institute. Byju's founder acknowledged his business acumen. Presently, the chair...
- Aakash Chaudhry won’t return to Byju’s; Alteria’s Rs 1,550 crore Fund-IIIHappy Thursday! Talks between Aakash Institute promoters and Byju’s on Aakash Chaudhry’s return to helm the coaching firm have failed. Deta...
- Exclusive: Chaudhry unlikely to return to steer Byju's-owned Aakash InstituteAakash Institute, under Byju's, shifts focus from Aakash Chaudhry's return as CEO. Ranjan Pai emerges as the largest investor, with ongoing...
- TRUST Mutual Fund appoints Aakash Manghani as fund manager, equitiesTRUST Mutual Fund has announced the appointment of Aakash Manghani as Fund Manager, Equities, according to a press release by the fund hous...
- Byju’s puts Epic, Great Learning on sale to clear $1.2 billion loanByju’s has been working with bankers to sell the two assets to strategic investors and the sources told us it has garnered some interest. S...
- Byju’s forms executive committee for new leadership at Aakash after exit of CEO, CFOByju Raveendran– chief executive officer at Byju’s, Ajay Goel–group chief financial officer of Byju’s, Anup Kumar Agrawal, chief business o...
- 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 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.
- Government looks to build a software ecosystem for Aakash applicationsIIT Madras is putting about 5,000 engineering students through a four-day crash course on Aakash in the hope that they will build applicati...
- Aakash gets Rs 765 crore in Budget 2012Aakash has been allocated about Rs 765 cr in Budget 2012, which is likely to trigger the IInd phase of the project expected to begin in Apr...
- Govt to take away Aakash deal from IIT-RajasthanGovt has decided to take future tendering and procurement for Aakash2 tablets from IIT Rajasthan, and hand it over to public sector underta...
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