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
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, ......
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 ......
TMT
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
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 ......