Edtech firm – News Portal

Upgrad raises ₹300 cr in rights issue led by co-founder Ronnie Screwvala

March 29, 2023March 29, 2023cpooldigitalLeave a Comment

[ad_1] Ronnie Screwvala, co-founder, upGrad | file photo | Photo Credit: upGrad Edtech firm Upgrad has raised ₹300 crore in a right issue led by co-founder and chairperson of the company Ronnie Screwvala, the start-up said on Wednesday. Screwvala contributed ₹212 crore in the internal funding round. Existing investor Temasek contributed ₹81 crore and the […]

Byju’s clears $230 million dues to Blackstone for acquisition of Aakash Educational Services

September 24, 2022September 24, 2022cpooldigitalLeave a Comment

[ad_1] Byju’s had acquired Aakash in April for around $950 million. Byju’s had acquired Aakash in April for around $950 million. Edtech firm Byju’s has cleared $230 million payment that was due to private equity investment firm Blackstone for acquiring a majority stake in test preparatory firm Aakash Educational Services, according to sources privy to […]