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Aakash launches Aakash Digital, online platform with AI tools, targeting tier-3 cities. Aims for 20-24% digital revenue in 3 years. Expands learning centers.
On the financial front, Aakash’s operating revenue likely stood at INR 2,325.1 Cr for FY23, a 63% increase from the INR 1,421.2 Cr in the previous fiscal year. Meanwhile, BYJU’S is caught in a ...
Aakash Educational Services, once a prized acquisition for Byju's, now finds itself mirroring its parent company’s turmoil. At the heart of the crisis is a fierce legal standoff between ...
In FY23, Aakash’s operating revenue likely stood at INR 2,325.1 Cr, a 63% increase from the INR 1,421.2 Cr in the previous fiscal year. Meanwhile, BYJU’S is caught in a whirlwind of troubles.
NCLAT tells Aakash to move appeal before NCLT to lift stay granted on amending its Articles of Association Byju’s had acquired Aakash in 2021 for $940 million, offering 70% cash and 30% equity ...
Aakash Educational Services Ltd (AESL) has denied reports that edtech giant Byju’s has delayed payments for the nearly $1 billion acquisition of the former.
The Aakash saga. Aakash Institute, the crowing jewel of Byju’s, has seen its fair share of turmoils. Ranjan Pai, chairman of Manipal Education and Medical Group, has emerged as the single ...
Since the acquisition, Aakash has clocked a three-fold increase in revenue, which is on track to reach Rs 4,000 crore with an EBITDA of Rs 900 crore in financial year 2023-24 (FY24), the company said.