With Byju’s mired in financial and legal troubles, its primary subsidiary, Aakash Educational Services, is trying to distance itself from its parent in its brand promotion and sales pitch.
BYJU’s interest in offline test prep giant Aakash comes at a time when brick-and-mortar schools are reopening and BYJU'S is under pressure to maintain its edtech leadership position BYJU’S has ...
Aakash Educational Services, once a prized acquisition for Byju's, now finds itself mirroring its parent company’s turmoil. At the heart of the crisis is a fierce legal standoff between ...
In what would be the largest edtech acquisition in the world, Indian edtech giant BYJU’S is reportedly close to acquiring test prep giant Aakash Educational Services Ltd for $1 Bn . The world ...
Edtech giant BYJU 's on Wednesday said that the $1 billion acquisition process of Aakash Educational Services is on track and is expected to be completed by August. BYJU's acquired Delhi-based ...
Blackstone accused Aakash of violating its rights under a prior merger framework agreement (MFA). Read this | Fresh out of Byju's clutches, Great Learning turns over a new leaf In its ruling ...
(Bloomberg) -- India’s biggest online-education startup Byju’s has signed a deal to acquire brick and mortar test prep leader Aakash Educational Services Ltd. for $1 billion, according to a ...
BYJU 'S will acquire Aakash Educational Services Limited (AESL) through a strategic merger. The deal size is pegged at close to $1 billion, according to a person familiar with the transaction.
But Byju’s has a Plan B for Aakash: it has spoken to Manipal group Chairman Ranjan Pai to offload a part of Raveendran’s stake to net around $80 million, with which it can repay part of the ...
For the unversed, BYJU’S was struggling to pay off its $1.2-billion term loan while also fighting a court battle with its lenders in the US Byju Raveendran, CEO of the company, addressed the on ...