{"id":1961163,"date":"2023-06-30T07:33:02","date_gmt":"2023-06-30T11:33:02","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/indias-byjus-seeks-investors-for-aakash-education-stake-et-now\/"},"modified":"2023-06-30T07:34:54","modified_gmt":"2023-06-30T11:34:54","slug":"indias-byjus-seeks-investors-for-aakash-education-stake-et-now","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/indias-byjus-seeks-investors-for-aakash-education-stake-et-now\/","title":{"rendered":"Byju&#8217;s, an Indian education company, is looking for investors to acquire a stake in Aakash Education &#8211; ET Now."},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">38<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Findias-byjus-seeks-investors-for-aakash-education-stake-et-now%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1961163&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div class=\"entry-content\">\n<p><h2>BENGALURU (Reuters) &#8211; Embattled Indian edtech startup Byju\u2019s seeks investors for stake sale in Aakash Education Services<\/h2>\n<\/p>\n<p>Byju\u2019s, the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/indias-byjus-seeks-investors-for-aakash-education-stake-et-now\/\" title=\"Byju's, an Indian education company, is looking for investors to acquire a stake in Aakash Education - ET Now.\">leading edtech startup<\/a> in India, is reportedly looking for investors to sell a portion of its stake in Aakash Education Services, according to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/state-of-emergency-declared-in-ukraine-govt-summons-citizens-home-from-russia\/\" title=\"State of Emergency Declared in Ukraine, Govt Summons Citizens Home From Russia\">television news channel<\/a> ET Now. The company&#8217;s holding company, Think and Learn, is planning to dilute up to 20% of its 70% equity stake in Aakash Education, sources revealed.<\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<div class=\"ad-slot__ad-label\">Advertisement<\/div>\n<\/p>\n<p>The acquisition of Aakash Education by Byju\u2019s was valued at $950 million in 2021. The talks with potential investors are still in the early stages, as reported by ET Now. Byju\u2019s has declined to comment on the matter.<\/p>\n<p>This move to sell a stake in Aakash Education is a significant shift from Byju\u2019s previous plans of listing the educational institute through an IPO by mid-2024. The company has been facing legal and financial challenges, with three independent directors and auditor Deloitte severing ties with Byju\u2019s just last week.<\/p>\n<p> (Reporting by Hritam Mukherjee in Bengaluru; editing by Eileen Soreng)<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/indias-byjus-seeks-investors\/attachment\/file-photo-advertising-hoardings-of-byjus-pictured-outside-a-branch-2\/\"><\/a><\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h3>Democrats&#8217; Changing Stance on Election Trustworthiness<\/h3>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h3>Higher-Than-Expected GDP Growth in First Quarter<\/h3>\n<\/p>\n<p>The latest GDP data released today shows that the economy experienced higher-than-expected growth, reaching 2% in the first quarter. Despite this, President Biden continues to promote his &#8216;Bidenomics&#8217; and acknowledges that while inflation has decreased from its record-breaking high a year ago, it still remains high.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h3>Sound of Freedom: A Powerful Film Exposing Child Trafficking<\/h3>\n<\/p>\n<p>Get ready for the release of &#8220;Sound of Freedom&#8221; on July 4th, a gripping movie based on a true story that sheds light on the issue of child trafficking. One America\u2019s Stella Escobedo had the opportunity to speak with the film producer and actor, Eduardo Ver\u00e1stegui.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h3>Supreme Court Ruling on Race-Based College Admissions Programs<\/h3>\n<\/p>\n<p>The Supreme Court has issued a highly-anticipated ruling that <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/scotus-strikes-down-use-of-race-in-college-admissions\/\" title=\"SCOTUS bans race in college admissions.\">eliminates <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/france-deploys-40000-officers-to-quell-riots\/\" title=\"France sends 40,000 officers to end riots.\">race-based college admissions programs<\/a><\/a>. One America\u2019s Stella Escobedo interviewed Mitch Kokai, senior political analyst at the John Locke Foundation, to discuss the implications of this decision.<\/p>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h2>BENGALURU (Reuters) &#8211; Embattled Indian edtech startup Byju\u2019s seeks investors for stake sale in Aakash Education Services<\/h2>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h2>BENGALURU (Reuters) &#8211; Embattled Indian edtech startup Byju\u2019s seeks investors for stake sale in Aakash Education Services<\/h2>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h2>British Government Seeks to Stop Public&#8230;<\/h2>\n<\/p><\/div>\n<div class=\"entry-content\">\n<p><h2>British Government Seeks to Stop Public&#8230;<\/h2>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Indian edtech startup Byju&#8217;s is seeking investors to sell a portion of its stake in Aakash Education Services, according to sources. Byju&#8217;s holding company, Think and Learn, plans to dilute up to 20% of its 70% equity stake.<\/p>\n","protected":false},"author":66,"featured_media":1961164,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[],"class_list":["post-1961163","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1961163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1961163"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1961163\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1961164"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1961163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1961163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1961163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}