The funds will be used to deepen its presence in cities like Bengaluru, Hyderabad, Chennai, while also facilitating expansion into three additional cities across Southern India, the company said.
In May this year, Byju’s entered into a Rs 2000-crore structured credit deal with Davidson Kempner against the cash flows of Aakash Educational Services
The ninth edition of The Economic Times Startup Awards (ETSA) will be held on Saturday, October 7, in Bengaluru to honour this year s winners across eight categories in what will be a star-studded gathering of the who s who of India s new economy.
After pocketing $1 billion from sale of stake in hospital chain Manipal Health Enterprises to Temasek, healthcare and education tycoon Ranjan Pai sees niche in deploying “confidence capital” to entrepreneurs through new family office.