Ranjan Pai’s Contrarian Bet: A $170 Million Lifeline to Byju’s Test-Prep Unit
In a strategic move that defies the edtech turmoil, Indian healthcare magnate Ranjan Pai is making waves by injecting a substantial $170 million into Aakash Educational Services, the offline test-prep arm of edtech giant Byju’s. This unexpected lifeline, orchestrated through Pai’s family office, not only provides a financial boost to Byju’s but also unveils Pai’s calculated foray into the evolving landscape of education technology. Conclusion: Ranjan Pai’s $170 million investment in Byju’s test-prep unit not only emerges as a financial lifeline but also symbolizes a calculated leap into the educational sector by one of India’s prominent healthcare billionaires. As the … Continue reading Ranjan Pai’s Contrarian Bet: A $170 Million Lifeline to Byju’s Test-Prep Unit
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