Aakash
Byju 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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