BYJU’S CEO Byju Raveendran, Group CFO Ajay Goel, Aakash’s CBO Anup Kumar Agarwal, Aakash’s CHRO Sachin Saxena will be part of the panel to appoint the new CEO Sources close to the company told Inc42 ...
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Mint Explainer | Why Aakash’s ₹250-crore fundraise is now a proxy fight over Byju’s ownership
Crisis-hit Aakash Educational Services Ltd (AESL) thought a ₹250-crore rights issue would be its big reset after senior exits and a swing to losses in FY23. The test-prep chain, once a profit engine ...
Aakash will reportedly raise the capital via convertible notes that will convert into equity at a discount of 20% to its listing price The funding round is likely to see participation from existing ...
Byju Raveendran appears to retain significant influence over Aakash through Beeaar Investco, despite losing day-to-day operational control over Think & Learn Pvt. Ltd, which is currently undergoing ...
Why did Byju’s raise over $1 billion last year and is already inching closer to securing another half a billion dollars? We are getting some answers today. Byju’s said on Monday it has acquired Aakash ...
In the ongoing rights issue of Aakash Educational Services Limited (AESL), the National Company Law Tribunal (NCLT), Bengaluru, on Monday issued notice to the Resolution Professional (RP) of Think & ...
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