Byju'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 Raveendran, founder of the failed Indian tech firm Byju's, has been sentenced to six months in jail by a Singapore court for contempt....

After on-again, off-again talks, Ronnie Screwvala-run edtech firm UpGrad is acquiring UpGrad in a cut price deal. UpGrad is also raising an...

The National Company Law Appellate Tribunal has rejected a plea from Glas Trust, Byju's largest lender, to stop Aakash Educational Services...

Byju’s investors are reconciled to his acquisition of 40% in Aakash, the people said, adding that the Manipal Education and Medical Group c...

The Aakash board has approved the conversion into equity of the $300 million Pai invested during 2023, they added. This values the company ...

Operating 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...

In May, Byju’s had signed a Rs 2,000-crore ($240 million) structured credit deal with Davidson Kempner against the cash flows of Aakash Ins...

Goel to go back to Vedanta; help with big restructuring at the mining group.

The troubled edtech is mired in multiple issues, such as repayment of a $1.2 billion term loan, and is the subject of a government probe.

Chaudhry served as the CEO till November 2020 as part of the founding family that ran Aakash Institute independently.

Byju’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 and New York-based investor Davidson Kempner Capital have begun negotiations to settle their dispute over the breach of a loan coven...

In the legal notice which was sent to the company last week, Davidson Kempner said it reserves the right to invoke Aakash’s pledged shares ...

Aakash Educational Services will issue convertible notes that will convert into equity at a discount of 20% to the listing price of the uni...

Last week, Byju’s closed a financing round of $250 million from existing investors, including Qatar Investment Authority (QIA), which led t...

The deal for what will be one of the largest edtech acquisitions in the world should close in the next two or three months.