Edtech entrepreneur Byju Raveendran may use his 10-12% holding in test-prep chain Aakash to create liquidity for his cash-strapped group, Think & Learn. He hopes to raise Rs 600 crore to fund operations till March 2024 and clear dues, including a payment to BCCI. Think & Learn, the parent of Byju's, also has a term loan B of $1.2 billion.
short by
Harsh /
08:04 pm on
05 Dec