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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. ....

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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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