Aakash
Byju Raveendran’s long-running settlement talks face fresh strain after Singapore ruling
Aakash has become central because it is one of the few remaining valuable assets linked to the broader Byju’s group. Any resolution that leaves ambiguity around who owns, controls, or can enforce against the Aakash stake risks breaking down later in court.
4 min read29 May 2026Mint Explainer: What the Karnataka HC’s share attachment means for the Aakash rights issue
The Karnataka high court order raises the question of whether Aakash can produce a clean paper trail—shareholding records, beneficial ownership declarations, and the full allotment trail.
6 min read16 Jan 2026Byju Raveendran’s offshore footprint resurfaces in Aakash’s ₹250-cr fundraise
Byju Raveendran's indirect influence over Aakash through Beeaar Investco has cast doubt on the legality of the test-prep institution's latest rights issue.
7 min read5 Dec 2025Ranjan Pai to bring ₹250 crore more into Aakash as Manipal bids for Byju's
The fresh infusion in Aakash from the family office of the founder of Manipal Group follows a months-long legal tussle over Aakash’s plan to raise capital via a rights issue.
4 min read13 Nov 2025Aakash CFO Vipan Joshi quits; leadership churn deepens as rights issue proceeds
Joshi's departure follows CEO Deepak Mehrotra's resignation in August, amid ongoing challenges for Aakash, including legal disputes and employee layoffs.
2 min read4 Nov 2025NCLAT rejects Glas Trust’s plea opposing Aakash's EGM
Glas Trust alleged the proposed rights issue would reduce the shareholding of Byju’s parent, Think & Learn, from around 25% to 5%, significantly diluting its value in the test-prep firm.
2 min read28 Oct 2025Penny stock under ₹15 surges 20% on order win from ONGC
Aakash Exploration Services shares rose nearly 20% after receiving a ₹19.36 crores Letter of Award from ONGC for a 50 MT workover rig. The company also secured a ₹29 crores contract from Oil India Limited, despite a significant drop in profits and sales.
2 min read18 Jun 2025Byju’s-owned Aakash’s former CEO launches new edtech startup Sparkl
Unlike Aakash, Sparkl's targeting the international online tutorial market. The edtech company has secured seed investments from Rainmatter, a fund led by Zerodha’s Nithin Kamath and Zomato’s Deepinder Goyal.
2 min read23 Dec 2024Wait for it…
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