Who is the current owner of Aakash Institute?

Aakash Institute is owned by a mix of investors, with Ranjan Pai (Manipal Group) holding a significant stake (around 40%), while the founders (Chaudhry family) and Byju's parent company (Think & Learn) also retain shares, though Byju's influence has lessened amidst financial issues, leading to a complex ownership structure with ongoing legal disputes and restructuring.

Who is the new owner of Aakash?

In Aakash, Think & Learn owns a 26 per cent stake while Byju Raveendran owns a 17 per cent stake. Manipal Education and Medical Group (MEMG), led by Ranjan Pai, owns the majority 40 per cent stake in Aakash, which it acquired in January 2024 by converting a USD 300 million debt investment into equity.

Who owns Aakash Institute now?

Byju's acquired Aakash Institute in April 2021 for $950 million (approx.

Why did Akash leave Byju's?

Once BYJU'S became entangled in insolvency proceedings, the commercial relationship with Aakash grew fraught. Creditors represented by GLAS Trust and the resolution professional for BYJU'S moved to prevent Aakash from taking steps they said would undermine the ability of lenders to recover value.

Who is the owner of Akash company?

Aakash Chaudhry, a distinguished business leader and educationist, is the Co-Founder of Aakash Education Private Limited. As Managing Director, he revolutionized the test preparation industry in India through innovative systems, student-centric approaches, and agile marketing strategies.

Byju: Aakash Was My Best Bet, Not A Mistake!

What is the salary of Aakash CEO per month?

As per the report by Entrackr, Deepak Mehrotra who was appointed as the Managing Director (MD) and Chief Executive Officer (CEO) of Aakash in April this year will get a monthly salary of Rs 41.66 lakh, including HRA, special allowance, and provident fund effective from April 2024.

Who is Deepak Mehrotra?

Deepak has spent over 25 years as a successful serial entrepreneur, inventor and senior technology executive with world-class global technology companies. Deepak is the President, COO and Board Member of GTRAN, a company he founded in 2000.

Has Byjus sold Aakash?

The Aakash saga

Ranjan Pai, chairman of Manipal Education and Medical Group, has emerged as the single largest shareholder in Byju's-owned Aakash Institute, with a 39 per cent stake. This happened after the Aakash board approved the conversion into equity of the $300 million invested by Pai in 2023.

How did Byju's downfall?

Fast growth funded by expensive marketing looks like success until the music stops and you realize you've been paying ₹88 to make ₹100. Byju's didn't fail because of fraud or regulation alone. They failed because they traded sustainable growth for funded growth, and organic trust for paid credibility.

Who is taking over Byju's?

In a decisive move that could reshape India's education sector, the Manipal Group, led by Dr. Ranjan Pai, has submitted a second Expression of Interest (EoI) to acquire edtech unicorn Byju's, which is currently undergoing insolvency proceedings.

Is Aakash in debt?

Aakash Exploration Services's operated at median net debt / equity of 33.8% from fiscal years ending March 2021 to 2025. Looking back at the last 5 years, Aakash Exploration Services's net debt / equity peaked in March 2023 at 44.3%.

Who is Dr. JC Chaudhry?

J C Chaudhry is Managing Director of Aakash Institute/Aakash IIT-JEE. Besides education, he has deep interest in Numerology also. He is practicing Numerology for the last 32 years. He has studied thousands of cases as his hobby and provided solutions.

What is the net worth of Dr Ranjan Pai?

As of November 2025, he is ranked 1305 in the list of the richest people in the world, with a net worth of US$2.8 billion.

How much does Aakash Institute cost?

Fees vary by course, duration, and location — starting from ₹77,000 for foundation batches and going up to ₹3.5 lakh for NEET two-year programs. Scholarships through ANTHE, iACST, and merit-based programs offer students up to 100% tuition fee waivers.

Who is better, Aakash or Allen?

Conclusion: Choosing between Allen and Akash depends on various factors like your child's learning style, budget, and preferences. While Allen is known for its structured approach and high success rates, Akash provides personalized attention and a comprehensive teaching methodology.

Why is Byju's closed?

Byju's was experiencing a severe funding crunch as of December 2023. The business was at odds with US lenders over unpaid interest on a $1.2 billion term loan. Byju's listed two important assets for sale in an effort to raise between $800 million and $1 billion to help with its financial difficulties.

How much did Byju's pay Shahrukh Khan?

In 2017, the Bengaluru-based start-up had signed up the Bollywood actor as its brand ambassador for an annual fee of nearly Rs 4 crore, and he has been the ed-tech platform's most visible face ever since.

How many employees were removed from Byju's?

BENGALURU: Amid a funding crisis and a series of legal battles, troubled edtech firm Byju's has fired 500 employees, including teachers. Currently, the company has nearly 13,000 employees.

How much was Aakash Institute sold for?

Byju's had announced Aakash's acquisition for $1 billion in 2021, and the deal had two parts. Byju's paid 70% of the amount in cash, while the remaining 30% was to be covered through a share swap, in which the Chaudhrys and Blackstone would have received a stake in Byju's.

Is Aakash Institute worth the investment?

Why choose Aakash Educational Institute Franchise? Aakash Educational Institute, a coaching company with over 35 years of experience in the education sector, has a proven track record of delivering outstanding results in medical and engineering entrance exams, competitive and scholarship exams.

Who runs Aakash Institute?

Chandra Sekhar Reddy Garisa

Chandra Sekhar Garisa Reddy (Sekhar Garisa) is appointed as the Managing Director & Chief Executive Officer (MD & CEO) at Aakash Educational Services Limited with effect from 19th August 2025. Most recently, he was the Managing Director of Claypond Capital, Family Investment Office of Dr.

Is Sanjay Mehrotra a billionaire?

Sanjay Mehrotra has an estimated net worth of at least $373.3 million*, as of Oct. 29, 2025. They own 1.1 million shares of MU stock. They have sold 1.1 million shares of MU stock since 2021, for an estimated $111.0 million.

What nationality is Mehrotra?

Malhotra is the Punjabi variant of older surnames like Mehra, Melhotra, Mahotra, Mahlotra and Mehrotra. (Punjabi: [məlɦot̪raː]) is a Punjabi surname of the Dhai Ghar sub-group of Khatris from Punjab. Families with last name Malhotra are Hindu and Sikh faiths.

Is Sonal Mehrotra Kapoor joining India today?

India Today Group appoints Sonal Mehrotra Kapoor to lead health & wellness omni-platform. She joins India Today Group after a three-and-a-half- year stint at Moneycontrol.