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Company

Aakash

4 articles stable
Articles
4
mentions
Velocity
0.0%
growth rate
Acceleration
+0.500
velocity change
Sources
2
publications

Coverage Timeline

2023-05-12
TechCrunch 3 related

Sources: Byju's raised $250M and is close to raising $700M at the $22B valuation that it has maintained throughout 2022, ahead of its subsidiary Aakash's IPO

Manish Singh / TechCrunch :

2022-10-29
The Morning Context 6 related

Sources: Byju's plans to layoff about 12,000 people, or nearly 25% of its workforce, over the next year; Byju's denies the number of job cuts is more than 2,500

$22B India-based Byju's — that may have taken advantage of pandemic trends and easy funding to grow far faster than ongoing market demand. https://twitter.com/... @morningcontext : “I am not surprised...

2022-09-25
TechCrunch 1 related

Source: Byju's paid ~$234M to Blackstone for ~38% shares in Aakash, settling its dues to the private equity firm as part of the ~$1B acquisition in April 2021

Manish Singh / TechCrunch :

2022-09-24
TechCrunch 1 related

Source: Byju's has paid ~$234M to Blackstone for ~38% shares in Aakash, settling all its dues owed to the PE firm as part of a ~$1B deal from April 2021

Byju's has cleared all its dues to Blackstone by paying $234 million it owed the global investment giant for the $1 billion acquisition of Aakash …

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