Manipal help Byju’s, August rains, markets, full-service airline

Finally, there is a piece of good news for troubled ed-tech startup Byju’s. Manipal Group chairman Ranjan Pai is in talks to invest in Byju’s-owned Aakash. Byju Raveendran — who holds a 30% stake in Aakash — is expected to partially offload his stake to Pai and use the money to repay a big… Continue reading Manipal help Byju’s, August rains, markets, full-service airline

Manipal Group chairman Ranjan Pai in talks to invest in Byju’s-owned Aakash

Manipal Group Chairman Ranjan Pai is in early discussions to invest in Byju’s-owned Aakash Educational Services Limited (AESL).   According to sources in the know, Byju’s founder and Chief Executive Officer Byju Raveendran, who owns a 30 per cent stake in Aakash, is expected to partially offload his holding to Pai for $80-90 million… Continue reading Manipal Group chairman Ranjan Pai in talks to invest in Byju’s-owned Aakash