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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. ....

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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. ....

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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. ....

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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 ....

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ranjan pai aakash: Ranjan Pai books an Aakash seat with $168 million to clear Davidson Kempner debt

In May, Byjus had signed a Rs 2,000-crore ($240 million) structured credit deal with Davidson Kempner against the cash flows of Aakash Institute. ....

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