Aakash Educational Services Ltd
General
Grapevine: ChrysCap raising continuation fund; Blackstone opposes Aakash debt conversion
Indian private equity firm ChrysCapital is in the process of raising up to $300 million for a new fund to ......
General
Grapevine: Blackstone eyes mega pharma bet; US hedge fund starts reconstituting Aakash board
Global private equity major Blackstone is eyeing a pharma deal in the country and is likely to submit a non-binding ......
People
Byju's test prep unit Aakash loses two more board members
Two independent directors of Byju’s subsidiary Aakash Educational Services Ltd have resigned from the test prep firm's board, two people ......
TMT
Byju's IPO-merger conundrum over Aakash a flashpoint with Blackstone, Chaudhry
Byju’s, which was until recently the most valued Indian startup and the biggest in the global edtech domain, is not ......
TMT
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, valuation markdowns and debt defaults, now ......
Finance
Deals Digest: Companies raise $1.04 bn led by PE deals in healthcare & pharma
Companies raised $1.04 billion in venture capital (VC) and private equity (PE) funding this week, nearly 54% higher than the ......
Finance
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 ......
Consumer
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 ......
TMT
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. ......
Consumer
Flashback 2019: Consumer sentiment slumps but foreign investors make bold bets
Indian consumer-focussed companies braced for a deep slowdown as rising inflation, high unemployment and falling economic growth damped people’s sentiment ......
