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DK MAHESHWARI
Byju’s plans a PE lesson for Aakash; inside Udaan’s fundingByju’s is talking to a few private equity firms to offload a controlling stake in Aakash Institute, one of the beleaguered edtech’s prime a...- Byju’s taps private equity funds to prepare for Aakash saleBain, KKR and Carlyle keen on control, open to backing ex-CEO Chaudhry and Ranjan Pai as anchor investor; Byju’s parent denies sale plans
- Five key developments at tottering edtech Byju’sThe 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 may return as Aakash CEO, nears stock-swap deal with Byju’sChaudhry served as the CEO till November 2020 as part of the founding family that ran Aakash Institute independently.
- 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...
- After a week of big bang IPOs of PNB Housing, Varun Beverages; wait for listing day performanceGoing by the number of issues and investor interest, we are headed for the best year in the IPO market. 21 IPOs have raised Rs 19, 379.10 c...
- Hirings at Indira Gandhi Flying School under CBI lensThe inquiry was conducted into the appointments of two assistant flying instructors, or AFI, one of whom is the son of the chief administra...
- Haryana Power Utility to intensify pending electricity bill recoveryRecently, UHBVN announced 10% rebate on the amount of last six bi-monthly bills at the year-end for those who have paid their bills regular...
- Cable theft gives sleepless nights to BSNL in PuneTheft of telephone cables is giving BSNL, the state-owned telecom provider, sleepless nights. Not only is the telecom provider losing its i...
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