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Investor funding in edtech drives behaviour which is not good for industry: Byju's Aakash CEO | Business News

Speaking to PTI, Mehrotra also said that digital alone can't meet aspirations of medical and engineering students looking to get into premium institutions, and it is important to address requirement of new learners.

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Byju's-owned Aakash Names Deepak Mehrotra as MD and CEO

Aakash Educational Services , owned by Byju’s , has appointed former Pearson India executive, Deepak...

Roorkee , Uttaranchal , India , Wharton-school , Pennsylvania , United-states , Philadelphia , Bharti-airtel , Aakash-chaudhry , Abhishek-maheshwari , Byju-raveendran , Vipan-joshi

'Sorry Papa, Forgive Me' - Suicide Notes From Kota's Coaching Centres, And A Plea For Change

Roughly two students die by suicide every month in Kota, India's coaching capital. Key among many other factors that contribute to this rot is the glaring lack of accountability the city's coaching centres enjoy.

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ranjan pai aakash investment: Ranjan Pai may put $50-60 million more to grow Byju's Aakash

Manipal chief Ranjan Pai will invest the new tranche of capital sooner in Aakash ahead of key student enrolment season, people aware of the discussions said. Sources at Aakash also said the coaching unit will require additional investment from Pai for it to be able to run operations and scale the business during the next few months when students enroll in these centre.

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aakash institute: Pai in the Sky: Ranjan to own 40% of Aakash

The Aakash board has approved the conversion into equity of the $300 million Pai invested during 2023, they added. This values the company — one of the remaining valuable assets for Byju Raveendrans troubled edtech group — at around $700 million and renders it debt-free.

Delhi , India , Singapore , Manipal , Karnataka , Ranjan-pai , Davidson-kempner , Byju-raveendran , Aakash-chaudhry , Aakash-institute , Indian-school-of-business , Certificate-programme-in-data-science-machine

Ranjan Pai's big Aakash stake; Meesho, Pine Labs fair value cut

Manipal group head Ranjan Pai will soon become the largest shareholder in Aakash—one of the few remaining valuable assets of troubled edtech Byjus. This and more in todays ETtech Morning Dispatch.

Hyderabad , Andhra-pradesh , India , Bengaluru , Karnataka , Japan , Netherlands , Australia , Manipal , Delhi , Australian , Dutch

Byju's saviour? Board approves Ranjan Pai's 40% majority stake buy in Aakash Institute, says report

Byju's-owned Aakash Institute will have Ranjan Pai, Chairman of Manipal Education and Medical Group, as its largest shareholder with a 40% stake buy, converting a $300 million investment into equity and making the company debt-free.

Aakash-chaudhry , Byju-raveendran , Davidson-kempner , Blackrock , Aakash-institute , United-states-based , Byjus , Edtech , Ranjan-pai , Investors , Business , Company

aakash institute: Byju's-owned Aakash Institute reports 82% rise in FY22 profit to Rs 79.5 crore

Operating revenue during the period grew 45% to Rs 1,421 crore, as per the companys filings with the Ministry of Corporate Affairs on Saturday. It has not yet filed its FY23 numbers.

Manipal , Karnataka , India , Delhi , Ranjan-pai , Aakash-chaudhry , Byju-raveendran , Aakash-institute , Ministry-of-corporate-affairs-on , Indian-school-of-business , Offering-college , Certificate-programme-in-data-science-machine

Ranjan Pai: Ranjan Pai buys US fund's stake in Aakash for 1.4k cr

India Business News: Education and healthcare billionaire Ranjan Pai has purchased US private equity fund Davidson Kempner's stake in Aakash Institute, a subsidiary of Byj

Manipal , Karnataka , India , United-states , Mumbai , Maharashtra , American , Timothy-pohl , Davidson-kempner , Byju-raveendran , Ranjan-pai , Riju-raveendran