Aakash Fights to Break Free from Byju’s Shadow Amid Stagnant Growth
When Byju’s acquired Aakash for $950 million, it aimed to enhance its offline expansion strategy significantly.
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Tag: Aakash
Aakash Reports Stagnant Revenue of Rs 2,041 Cr in FY26 with a 65% Drop in EBITDA
Aakash Educational Services reported flat revenue in FY26 despite strong student performance in exams.
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Aakash Sees Fivefold Increase in Losses Amid Revenue Decline in FY25
Aakash's revenue declined by 16.7% to Rs 2,032 crore in FY25, amid leadership exits and restructuring.
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Aakash Faces ₹2,443 Crore Loss in FY24 Amid Byju’s-Related Expenses
Aakash Educational Services reported a loss of Rs 2,443 crore, mainly due to exceptional items linked to Byju’s.
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Aakash Welcomes Alka Garg as CFO and Kanika Kumar Nijhawan as New SVP of Marketing
Aakash Educational Services has appointed Alka Garg as CFO and Kanika Kumar Nijhawan as Senior VP.
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Aakash’s CEO and Managing Director Deepak Mahrotra Resigns
Deepak Mehrotra, CEO of Aakash Educational Services, is resigning after 16 months in the role.
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