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AAKASH STAKE SALE
Resolution professional handling Byju’s case extends deadline to submit EoI to January 15The deadline to bid for Byju's assets has been extended to January 15. This gives potential buyers more time for due diligence. Bidders can...- Exclusive: Ronnie Screwvala’s Upgrad joins list of bidders for bankrupt Byju’s parentUpgrad has submitted an expression of interest (EoI) to bid for Think & Learn, the bankrupt parent of edtech firm Byju's. This adds Upgrad ...
- 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...
- Manipal Group submits expression of interest to bid for bankrupt Byju's parentThis is the second submission of EoI from Ranjan Pai’s Manipal Education & Medical Group (MEMG) for Think & Learn after its resolution prof...
- Exclusive: Manipal group’s Ranjan Pai expresses interest in bidding for bankrupt Byju’s parentRanjan Pai’s Manipal Education & Medical Group (MEMG) has emerged as a potential bidder for Think & Learn, the bankrupt parent of edtech fi...
- CCI clears Manipal Group's stake purchase in Aakash, Bain Capital's deal with Manappuram FinanceThe Competition Commission of India (CCI) has approved Bain Capital's stake acquisition in Manappuram Finance and Manappuram Asset Finance....
- Zomato, Zerodha founders back Aakash Chaudhry's edtech comeback Sparkl EdventureEdtech entrepreneur Aakash Chaudhry launches Sparkl Edventure. The platform offers online tutoring for students in grades 6-12. Sparkl focu...
- Zomato and Zerodha founders back Aakash Chaudhry’s edtech comebackAakash Chaudhry, founder of Aakash Educational Services, has launched Sparkl Edventure, an online tutoring platform for students in grades ...
- 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...
- 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 ...
- For more capital, Byju’s must pass a tough testThese investors have asked the company to file its audited financials for the year ended March 31, 2023, at the earliest. In addition, they...
- Ranjan Pai rides to Byju’s rescue; Ten IT firms to secure PLI nod soonManipal Group boss Ranjan Pai has pumped Rs 1,400 crore into Bjyu’s subsidiary Aakash Institute, enabling the embattled edtech major to cle...
- Byju's CFO Ajay Goel quits in seven months, Nitin Golani to take chargeGoel to go back to Vedanta; help with big restructuring at the mining group.
- Manipal group's Ranjan Pai likely to invest $250-300 million in Byju's subsidiary Aakash InstituteThe initial $170 million tranche will pay off Davidson Kempner debt; the Manipal chairman may rope in more PEs.
- Exclusive: Manipal Group’s Ranjan Pai in talks for stake in FirstCryPai is expected to invest around Rs 250 crore in the ecommerce firm as part of a broader secondary share sale at FirstCry at a valuation of...
- Byju's sends legal notice to Aakash founders demanding share transferEducation technology startup Think and Learn Pvt Ltd, which operates under Byju's brand name, has sent a legal notice to founders of Aakash...
- Byju’s picks up Rs 300-crore loan from subsidiary AakashLast week, Byju’s closed a financing round of $250 million from existing investors, including Qatar Investment Authority (QIA), which led t...
- Shoppers Stop shares jump nearly 6% as company sells Crossword BookstoresRetail chain Shoppers Stop on Tuesday said it has closed the sale of a controlling stake in its wholly-owned subsidiary Crossword Bookstore...
- Shoppers Stop sells off Crossword to franchiseeShoppers Stop, which operates a chain of department stores across India, has sold its subsidiary Crossword Bookstores to the owners of its ...
- We have Rs 700 crore worth of orders for Aakash: DatawindThe current version of Aakash is selling at Rs 2500 online, and the next version is expected to be priced at Rs 3000 per unit.
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