Aakash Educational Services Ltd

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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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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 ......

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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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 ......

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 ......

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 ......

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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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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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. ......

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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