The Chaudhry family, the founders of Aakash, will not swap their remaining 18% stake in Aakash for equity in the edtech giant BYJU’S acquisition of Aakash was through a combination of cash and share ...
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 ...
The Aakash tablet, which had shot to instant stardom in the world tech scene owing to its down-to-earth price, now faces an uncertain future. In fact, the entire project runs the risk of being ...
For the embattled edtech firm BYJU’S, the string of troubles shows no sign of easing. Once celebrated as the poster boy of India’s startup boom, the company is now watching its grip on a prized asset ...
Vipan Joshi, chief financial officer (CFO) of Aakash Educational Services Limited (AESL), has stepped down from his post after a nine-year stint at the test-prep company. Having joined Aakash in ...