• Latest
  • All
  • Buzz
  • Sports
  • International
  • Technology
  • Startups
  • Business
  • Entertainment
  • Blockchain
  • Crypto
  • Funding
  • Devices
  • Bollywood
  • Hollywood
  • Health
  • COVID 19
  • Finance
  • ALERTS
  • Featured
  • Politics
  • Wildlife
  • Science
Aakash Pre-IPO Round

Aakash Pre-IPO Round: Famous Ed-tech Byju’s Planning to Raise $250 Million

March 9, 2023
Sandstorm in Beijing

[Video] Sandstorm in Beijing, Visibility is Less Than 1 KM, Battling Against Worsening Air Quality So Far.

March 22, 2023
IndusGo Raised 100 Crore

Funding Report: IndusGo Secured Rs 100 Crore From Parent Company Indus Motors

March 22, 2023
US TIkTok Ban

TikTok CEO Assures Users: US Data Never Shared with China.

March 22, 2023
Earthquake

Earthquake Updates: Strong Tremors Felt in North India

March 21, 2023
Games Store

New Games Store: Microsoft Plans to Launch Its own Games Store

March 21, 2023
General Bytes Crypto hack

General Bytes Crypto Hack: Hackers Exploit Zero-Day Security Flaw to Steal $1.6 Million from Bitcoin ATMs.

March 21, 2023
Mahindra Acquired MITRA

Mahindra Acquired MITRA Agro Equipments By Buying Another 47.33 Percent Stake From Omnivore

March 21, 2023
  • About Us
  • Advertise
  • Contact Us
Wednesday, March 22, 2023
  • Login
The Buzz News Logo
  • Home
  • ALERTS
    Sandstorm in Beijing

    [Video] Sandstorm in Beijing, Visibility is Less Than 1 KM, Battling Against Worsening Air Quality So Far.

    Earthquake

    Earthquake Updates: Strong Tremors Felt in North India

    Mahindra Acquired MITRA

    Mahindra Acquired MITRA Agro Equipments By Buying Another 47.33 Percent Stake From Omnivore

    Sikh Student Assaulted

    Sikh Student Assaulted In Canada: Ripped his Turban and Dragged from his Hair.

    Khalistani Protestors

    [Video] Shameful Act of Khalistani Protestors: Indian Flag Torn Down in UK, India Forced to Summon UK Diplomat.

    Trending Tags

    • BUZZ
      Sandstorm in Beijing

      [Video] Sandstorm in Beijing, Visibility is Less Than 1 KM, Battling Against Worsening Air Quality So Far.

      Earthquake

      Earthquake Updates: Strong Tremors Felt in North India

      Mahindra Acquired MITRA

      Mahindra Acquired MITRA Agro Equipments By Buying Another 47.33 Percent Stake From Omnivore

      Sikh Student Assaulted

      Sikh Student Assaulted In Canada: Ripped his Turban and Dragged from his Hair.

      Khalistani Protestors

      [Video] Shameful Act of Khalistani Protestors: Indian Flag Torn Down in UK, India Forced to Summon UK Diplomat.

    • Blockchain
      • Crypto
    • Business
      • Finance
    • Entertainment
      • Bollywood
      • Hollywood
    • International
      • Politics
      • Sports
    • Startups
      • Funding
    • Technology
    • Web Stories
    No Result
    View All Result
    The Buzz News Logo Sticky
    • Home
    • ALERTS
      Sandstorm in Beijing

      [Video] Sandstorm in Beijing, Visibility is Less Than 1 KM, Battling Against Worsening Air Quality So Far.

      Earthquake

      Earthquake Updates: Strong Tremors Felt in North India

      Mahindra Acquired MITRA

      Mahindra Acquired MITRA Agro Equipments By Buying Another 47.33 Percent Stake From Omnivore

      Sikh Student Assaulted

      Sikh Student Assaulted In Canada: Ripped his Turban and Dragged from his Hair.

      Khalistani Protestors

      [Video] Shameful Act of Khalistani Protestors: Indian Flag Torn Down in UK, India Forced to Summon UK Diplomat.

      Trending Tags

      • BUZZ
        Sandstorm in Beijing

        [Video] Sandstorm in Beijing, Visibility is Less Than 1 KM, Battling Against Worsening Air Quality So Far.

        Earthquake

        Earthquake Updates: Strong Tremors Felt in North India

        Mahindra Acquired MITRA

        Mahindra Acquired MITRA Agro Equipments By Buying Another 47.33 Percent Stake From Omnivore

        Sikh Student Assaulted

        Sikh Student Assaulted In Canada: Ripped his Turban and Dragged from his Hair.

        Khalistani Protestors

        [Video] Shameful Act of Khalistani Protestors: Indian Flag Torn Down in UK, India Forced to Summon UK Diplomat.

      • Blockchain
        • Crypto
      • Business
        • Finance
      • Entertainment
        • Bollywood
        • Hollywood
      • International
        • Politics
        • Sports
      • Startups
        • Funding
      • Technology
      • Web Stories
      No Result
      View All Result
      The Buzz News
      No Result
      View All Result
      Home Business

      Aakash Pre-IPO Round: Famous Ed-tech Byju’s Planning to Raise $250 Million

      by Shubham Dayal
      March 9, 2023
      in Business, Funding
      Reading Time: 2 mins read
      Aakash Pre-IPO Round

      The Buzz News on Google News

      Share on FacebookShare on TwitterShare on WhatsApp

      Byju’s, world famous ed-tech startup, plans to raise about $250 million through convertible notes using the tutoring service unit in Aakash Pre-IPO Round. Aakash Educational Services, acquired by Byju’s, will issue the currency that will convert into equity at a 20% discount on the unit price listed at IPO.

      The Pre-IPO round of Aakash will help the company manage the liquidity crunch, but raising funds at the parent company level will delay due to the diligence process. Now company started conversations with the bankers for Aakash’s IPO.

      RelatedPosts

      Funding Report: IndusGo Secured Rs 100 Crore From Parent Company Indus Motors

      TikTok CEO Assures Users: US Data Never Shared with China.

      Why Byju Planned for Aakash Pre-IPO Round?

      Three decades old, Aakash was acquired by the Byju’s at $950 Million in 2021. It helps teenagers to prepare for the various entrance exams to get admission to schools such as IIT. The conversations started to increase parent-level capital with the private firms TPG and Middle Eastern sovereign wealth funds. However, due to the diligence process, the discussion began to raise funds in Aakash Pre-IPO Round.

      Aakash Pre-IPO Round

      Also Read: SoftBank Aims to Raise $8 Billion in IPO in US Market

      Once Byju boomed in the pandemic era, but currently running at a loss. They are continuously talking with the creditors about the $1.2 Billion loan, which is a breach of contract. However, the Founder of Byju’s Raveendran takes a pledge to make Byju’s profitable this year.

      Tags: Byju'sFundingPre-IPO Round
      ShareTweetSend
      Previous Post

      Armed Conflict: India and China’s Military Buildup Raises Concerns of War [2023].

      Next Post

      Grim Unveiling: US Wife Unearths Mummified Remains of Missing Husband in Wardrobe After 8 Months.

      Next Post
      Husband’s Mummified Remains

      Grim Unveiling: US Wife Unearths Mummified Remains of Missing Husband in Wardrobe After 8 Months.

      Acer Massive Breach

      Acer Massive Breach: Hackers Stole 160 GB of Data from the Acer's Server and Put it on Sale

      0 0 votes
      Article Rating
      Subscribe
      Login
      Notify of
      guest

      guest

      0 Comments
      Inline Feedbacks
      View all comments

      RECOMMENDED

      Poland Sending Fighter Jets to Ukraine
      International

      Poland to be 1st NATO Member Who Supports Ukraine with Fighter Jets

      March 17, 2023
      The Buzz News on Google News

      Categories

      • ALERTS (40)
      • Blockchain (4)
      • Bollywood (3)
      • Business (72)
      • Buzz (91)
      • COVID 19 (3)
      • Crypto (7)
      • Devices (5)
      • Entertainment (12)
      • Featured (58)
      • Finance (19)
      • Funding (17)
      • Health (5)
      • Hollywood (8)
      • International (66)
      • Politics (25)
      • Science (4)
      • Sports (9)
      • Startups (7)
      • Technology (62)
      • Wildlife (10)

      TRENDING

      Chancellor Olaf Scholz

      Chancellor Olaf Scholz Introduces Point-Based System to get Easy German Visa for Indian Techies

      February 27, 2023
      whatsapp glitch

      Whatsapp Glitch: IOS Users Unable to Update Privacy Settings

      February 1, 2023
      AN-26 Charter Flight

      Watch Shocking Video of AN-26 Charter Flight Door Opened Mid-Air

      January 10, 2023
      The Buzz News Header Logo Transparent

      This website follows the DNPA Code of Ethics.

      TOPICS

      • ALERTS (40)
      • Blockchain (4)
      • Bollywood (3)
      • Business (72)
      • Buzz (91)
      • COVID 19 (3)
      • Crypto (7)
      • Devices (5)
      • Entertainment (12)
      • Featured (58)
      • Finance (19)
      • Funding (17)
      • Health (5)
      • Hollywood (8)
      • International (66)
      • Politics (25)
      • Science (4)
      • Sports (9)
      • Startups (7)
      • Technology (62)
      • Wildlife (10)
      • About
      • Contact
      • Advertise
      • Privacy
      • Disclaimer

      © 2023 The Buzz News | All Rights Reserved
      A venture of Orcapex Media

      No Result
      View All Result
      • Home
      • ALERTS
      • BUZZ
      • Blockchain
        • Crypto
      • Business
        • Finance
      • Entertainment
        • Bollywood
        • Hollywood
      • International
        • Politics
        • Sports
      • Startups
        • Funding
      • Technology
      • Web Stories

      © 2023 The Buzz News | All Rights Reserved
      A venture of Orcapex Media

      Welcome Back!

      Login to your account below

      Forgotten Password?

      Retrieve your password

      Please enter your username or email address to reset your password.

      Log In
      wpDiscuz
      0
      0
      Would love your thoughts, please comment.x
      ()
      x
      | Reply
      This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.