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Byju needs Aakash
Finshots Daily
Biju Ravindran's Personal Stake in Akash Educational Services
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Biju Ravindran has a personal stake of 27% in Akash educational services. The company was having a cash crunch and talking about an IPO could perhaps buy them more time. Biju says that he struck a deal with the Qatar Investment Authority, Tiger Global and a bunch of others, not to raise debt but to share profits.
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