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Aakash Educational Services Ltd

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Byju's faces new tussle with Blackstone, Chaudhry; Aakash director resigns

TMT

27 June, 2023

Byju's faces new tussle with Blackstone, Chaudhry; Aakash director resigns

Beleaguered edtech unicorn Byju’s, which is fighting on multiple fronts over lapses related to regulatory compliance, ......

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Deals Digest: Companies raise $1.04 bn led by PE deals in healthcare & pharma

Finance

13 May, 2022

Deals Digest: Companies raise $1.04 bn led by PE deals in healthcare & pharma

Companies raised $2.04 billion in venture capital (VC) and private equity (PE) funding this week, over 3 times higher than ......

Buy low and sell high not a sustainable PE strategy in India: Blackstone's Amit Dixit

Finance

18 February, 2022

Buy low and sell high not a sustainable PE strategy in India: Blackstone's Amit Dixit

The Indian private equity (PE) market is too competitive to have a sustainable strategy around buying low and selling high, ......

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M&A deal volumes spike but IPOs fetch better value

Finance

01 July, 2021

M&A deal volumes spike but IPOs fetch better value

Despite the pandemic, M&A deal volumes spiked in the first half of this year as compared to the same period ......

Blackstone bags 2x returns in Aakash exit scripted by Byju's $1 bn acquisition deal

TMT

05 April, 2021

Blackstone bags 2x returns in Aakash exit scripted by Byju's $1 bn acquisition deal

Global PE firm Blackstone is walking away from Aakash Educational Services with 2x returns after about one and a half ......

Grapevine: Tata Chemicals may buy Archean unit; Byju's to acquire Aakash

General

13 January, 2021

Grapevine: Tata Chemicals may buy Archean unit; Byju's to acquire Aakash

Tata Chemicals Ltd is in advanced talks to acquire the industrial salt unit of Archean Group at a minimum valuation ......

Blackstone-backed test-prep firm Aakash ropes in CEO from Byju's

Consumer

25 November, 2020

Blackstone-backed test-prep firm Aakash ropes in CEO from Byju's

Aakash Educational Services Ltd, one of the leading test-preparation firms in the country, has appointed edtech giant Byju's...

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Aakash Educational CEO on changes after Blackstone deal and scouting for more M&As

Consumer

08 June, 2020

Aakash Educational CEO on changes after Blackstone deal and scouting for more M&As

Aakash Educational Services Ltd, one of the leading test-preparation companies in India, bolstered its presence in the digital world through ......

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Why Naukri parent Info Edge took a haircut to exit ed-tech venture Meritnation

TMT

15 January, 2020

Why Naukri parent Info Edge took a haircut to exit ed-tech venture Meritnation

Naukri parent Info Edge (India) Ltd bought a stake in Zomato in 2010 which went on to become a unicorn. ......

Blackstone-backed Aakash to take control of ed-tech firm Meritnation

TMT

03 January, 2020

Blackstone-backed Aakash to take control of ed-tech firm Meritnation

Test preparation company Aakash Educational Services Ltd is buying a majority stake in ed-tech firm Meritnation, sealing its first...

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