Aakash Institute

Is There Any Value Left At The End Of Tunnel For Byju’s? 

02/02/2024

After major investors Blackrock and Prosus cut the valuation of the edtech firm to $1 billion and $3 billion, respectively, the latest rights issue pegs the pre-money valuation at a meagre $25 million, slumping more than 99% from its peak valuation of $22...

Ranjan Pai Considering Additional Investment of $50-60 Million To Fuel Growth of Aakash Institute: Report

30/01/2024

The news comes after reports of Prosus NV, a Netherlands-based global investment firm, sent a notice to Ranjan Pai

Aakash Institute Shareholders Raise Concerns Over Ranjan Pai's $300 Million Conversion Proposal

29/01/2024

According to ET reports, Blackstone and Prosus NV have written to BYJU’S parent entity Think and Learn, expressing their concerns about the matter.

Ranjan Pai Picks 40% Stake In Byju's-Owned Aakash Institute, Becomes Its Biggest Shareholder

25/01/2024

Aakash Institute's board approved converting Pai's $300 million investment in 2023 into equity