Friday, 14 November, 2025
UpGrad Bids for Bankrupt Byju's Assets Including Aakash
Edtech firm upGrad, led by Ronnie Screwvala, has submitted an Expression of Interest (EoI) to acquire assets from Think & Learn, the bankrupt parent company of Byju's. UpGrad is evaluating both the K12 business and the valuable Aakash Educational Services unit. The bid makes upGrad a key contender for Byju's assets, which are being sold off to repay creditors amid ongoing insolvency proceedings.
Read full story at Economic Times