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AAKASH INSTITUTE
Byju's lenders seek 30% stake in Indian education group in settlementByju's operated in more than 21 countries at one point and became popular during the COVID-19 pandemic by offering online courses. But it...- Uber India head ends trip; Amazon CEO on India opportunityUber's India head Prabhjeet Singh has stepped down after 11 years at the platform. This and more in today's ETtech Top 5.
- 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...
- UNIVO appoints Nitin Golani its chief executive officerHigher education company UNIVO has appointed Nitin Golani as its new chief executive officer. Golani, with over two decades of global exper...
- 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...
- Akash FY24 revenues flat at Rs 2,437 crore, losses at Rs 2,443 croreAakash Educational Services Limited saw revenues remain steady at Rs 2,437 crore in FY24, but losses surged to Rs 2,443 crore, largely due ...
- NCLT orders status quo on Aakash Institute shareholding amid legal disputeThe National Company Law Tribunal (NCLT) ordered Aakash Institute to maintain the status quo on its shareholding amidst a dispute over amen...
- Glas Trust approaches NCLAT seeking to be heard in Aakash caseGlas Trust, representing Byju’s US lenders, seeks an NCLAT hearing on Aakash Institute’s governance changes. Despite Blackstone withdrawing...
- NCLT agrees to hear Glas Trust in Aakash minority shareholder rights caseThe NCLT allowed Glas Trust, representing US lenders of Byju’s, to be heard in a case regarding Aakash Institute. The case involves dispute...
- 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...
- 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...
- Court relief for Byju’s in TLB lenders’ suitThe lenders of Byju’s $1.2 billion term loan had moved the city court last Thursday seeking an ex-parte injunction on the transaction allow...
- 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...
- 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.
- Aakash Chaudhry, MD of Aakash Institute, buys Delhi bungalow for Rs 137 croreAccording to the documents by Zapkey.com, Chaudhry paid Rs 8.2 crore as stamp duty for the property, registration for which happened on Aug...
- Aakash Institute to launch Aakash Live program for engineering and medical studentsThe academy would also include several additional features such course schedules, asynchronous discussion sessions, integrated cloud storag...
- Aakash institute opens 3rd centre in Ahmedabad, aims 100 centres by this yearAakash, a coaching institute opens its third centre in Ahmedabad and targets to achieve 100 centres by the end of this fiscal year.
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