will not swap their remaining 18% stake in Aakash for equity in the edtech giant BYJU’S acquisition of Aakash was through a combination of cash and share deal, as per which the Chaudhry family ...
Back in 2021, BYJU’S acquired Aakash Educational, the chain of physical coaching centres for competitive exams such as NEET and IIT-JEE. As part of the acquisition agreement, share swap was an ...
TechSpot means tech analysis and advice you can trust. Bottom line: Once a celebrated edtech company in India, Byju's serves as a stark reminder of how quickly fortunes can change in the high ...
Byju Raveendran, the founder of the embattled edtech group Byju’s, acknowledged on Thursday afternoon that he made mistakes, mistimed the market, overestimated growth potential, and that his ...
New Delhi: Byju Raveendran, the founder of the famous edtech startup Byju’s, which is struggling with a terrible financial crisis, is ready to return the money to the lenders. However ...
Byju's and Aakash Educational Services (AESL) have formally broken their partnership, with AESL now existing independently. This noteworthy development coincides with Byju's persistent financial ...
Byju's Aakash deal: Byju Raveendran, the founder and CEO of Byju’s, alongside his advisors, has reportedly initiated preliminary discussions with private equity firms including Bain Capital and ...
Meanwhile, Manipal Group chairman, Ranjan Pai has emerged as the largest shareholder of Aakash with over 50% stake. Byju’s parent company, Think & Learn’s stake has reduced from 40% in 2021 to ...
Released in November 2015, Saint Louis University's logo is our symbol (fleur-de-lis in shield) integrated with our institution name. SLU's official logo system was designed for use (and legibility) ...
Three US education-software companies that bankrupt Indian tech-firm Byju’s bought for $820 million just a few years ago will be put up for sale in order to repay lenders, a court-appointed ...
He added that he got the most support for Whitehat Jr acquisition -- which didn't end well -- and the most resistance for Aakash acquisition -- one of Byju's' flourishing properties. He ...