Another hurdle for Byju's as Aakash's minority stakeholders say no to share swap

By Ranjani Raghavan

  • 01 Aug 2023
Premium
Byju Raveendran, founder and CEO, Byju's

Private equity firm Blackstone and the Chaudhry family, the two minority shareholders in Aakash Educational Services Ltd (AESL), have declined to swap their equity holding in the test preparation subsidiary unit with parent Think & Learn Pvt. Ltd (Byju’s), leading to a rift with Byju Raveendran and a potential impasse ......

This is a Premium article. Please subscribe or log in to read the full story!

Here's a selection of our recent premium content.

Already a member? Click here to log in.