Edtech

Edtech firm Aakash seeks RBI clarity on funding used in rights issue

Edtech firm Aakash had approached National Company Law Tribunal (NCLT) in the interest of all stakeholders, as it was unable to utilise the funds received from TLPL

Delaware court reverses $1 billion judgment against Byju Raveendran

Court agreed that damages had not been determined and ordered a new phase to commence in early January 2026 to determine any damages related to claims against Raveendran

PhysicsWallah Q2 results: Net profit jumps 70% to ₹69.7 cr, revenue up 26%

PhysicsWallah reported a nearly 70 per cent rise in Q2FY26 net profit to Rs 69.7 crore, while revenue grew 26 per cent and adjusted EBITDA margin improved to 26 per cent in its first post-IPO results

Byju's parent company RP moves NCLAT against Aakash's rights issue

Think & Learn challenges Aakash Educational Services' decision to withhold shares worth ₹25 crore; NCLAT to hear the matter on December 16 amid related AWS appeals

Upgrad narrows loss for FY25 to ₹273 crore, revenue rises over 5%

Edtech firm Upgrad has reported a narrowing of loss to Rs 273.35 crore in the financial year ended March 31, 2025, according to a regulatory filing shared by market intelligence Tofler. The edtech firm had posted a loss of Rs 559.5 crore in the same period a year ago. When contacted, Upgrad said, "The profit before tax is a loss of Rs 273.75 crore, and adding back depreciation, interest, and other income, we have an EBITDA positive of Rs 15 crore." The revenue from operations of Upgrad increased by 5.5 per cent to Rs 1,569.3 crore during the reported fiscal from Rs 1,487.62 crore a year ago. On a standalone basis, Upgrad loss narrowed to Rs 333.25 crore while its revenue from operations grew 5.5 per cent to Rs 1,074.54 crore in FY'25 from Rs 1,018 crore in FY'24. The standalone total income of Upgrad increased by 4.4 per cent to Rs 1,119.62 crore from Rs 1,071.59 crore in FY'24. "Upgrad Education Private Limited operates as an online higher education company, reported its revenue

Proofs show lenders misled on $533 million claim: Byju Raveendran

Edtech firm's founder plans $2.5 bn defamation suit against GLAS Trust, RP

PhysicsWallah makes solid debut; analysts split on outlook; hold or sell?

PhysicsWallah stock made a solid debut on Dalal Street, listing at ₹145 on the NSE, a 33 per cent premium compared to the issue price of ₹109

Bumper debut! PhysicsWallah lists at 33% premium, beats GMP forecasts

PhysicsWallah share price: On the BSE, the PhysicsWallah shares opened at ₹143.1, a premium of 31.2 per cent

PhysicsWallah IPO to list on Nov 18; here's what GMP hints for D-St debut

Ahead of its debut, PhysicsWallah's unlisted shares were trading at ₹116 apiece in the grey market, reflecting a premium of 6.42 per cent over the issue price of ₹109

PhysicsWallah IPO allotment today, Nov 14; check status, GMP details here

The ed-tech firm's ₹3,480-crore IPO saw a muted opening amid cautious investor sentiment, but interest picked up sharply on the final day, with QIBs driving it to full subscription.

PhysicsWallah IPO subscribed 1.8 times on final day of the issue

PhysicsWallah's Rs 3,480 crore IPO closed with 1.8x subscription, boosted by strong institutional and employee interest as the edtech platform expands its online, offline, and hybrid learning network

PhysicsWallah IPO sails through on final day; QIBs step in, GMP flat

PhysicsWallah IPO received bids for 258.4 million equity shares against 186.2 million shares on offer, translating to a subscription of 1.39 per cent

PhysicsWallah IPO sees just 13% subscription on second day of bidding

The initial public offering of edtech unicorn PhysicsWallah received a lukewarm response from investors by garnering only 13 per cent subscription, a day before it closes on Thursday. The bid will close on November 13. The Rs 3,480-crore initial share sale received bids for 2,38,20,601 shares against 18,62,04,143 shares on offer, according to the NSE data. The portion for retail individual investors received 58 per cent subscription, while the quota for non-institutional investors was subscribed 6 per cent. However, qualified institutional buyers bid for just 6,302 shares out of 10,11,55,340 on offer. On Monday, PhysicsWallah said it has raised Rs 1,563 crore from anchor investors. This will be the first major pure-play edtech company to list on the country's bourses. The company fixed a price band of Rs 103-109 per share for its IPO, which may peg its valuation at over Rs 31,500 crore at the upper end. The IPO comprises a fresh issue of equity shares worth Rs 3,100 crore and a

PhysicsWallah IPO: Rapid expansion, mixed outlook; should you apply?

PhysicsWallah IPO: SBI Securities maintains a 'Neutral' view on the issue, adding that it would like to monitor the performance of the company post listing

Can PhysicsWallah IPO ace the market test? Check key strengths, risks here

PhysicsWallah IPO: The ₹3,480-crore issue comprises a fresh issue of 284.4 million shares aggregating to ₹3,100 crore and an offer for sale (OFS) of 34.9 million shares aggregating to ₹380 crore.

Want to list our firm while it's in growth phase, says Alakh Pandey

Founder Alakh Pandey says the IPO aims to strengthen governance, expand affordable education, and reward retail investors as the company enters its next growth phase

PhysicsWallah IPO opens Nov 11; sets price band at ₹103-109; Check details

PhysicsWallah offers test preparation courses for competitive examinations and other courses for upskilling

PhysicsWallah's Rs 3,480 crore IPO to open for subscription on Nov 11

Edtech major to raise Rs 3,480 crore through fresh issue and OFS; proceeds to fund marketing, offline centre expansion, and tech infrastructure

SC rejects plea to stop Aakash's rights issue, reducing Byju's stake to 5%

Byju's parent company, Think & Learn Private Limited (TLPL), is currently undergoing insolvency proceedings and cannot subscribe to fresh shares

Byju's challenges NCLT court's order over Aakash EGM rights issue

Think & Learn, which owns edtech brand Byju's, on Monday moved the National Company Law Appellate Tribunal against the NCLT order, which last week declined its plea to restrain Aakash Educational Services from convening its EGM for the rights issue. On October 17, 2025, the Bengaluru-based bench of the National Company Law Tribunal (NCLT) declined to grant any interim relief on the second plea filed by the insolvency-bound edtech firm Byju's to stay the extraordinary general meeting (EGM) scheduled for October 29, 2025. Meanwhile, a two-member bench of the National Company Law Appellate Tribunal (NCLAT) at Chennai, comprising Justice N Seshasayee and Jatindranath Swain, on Monday reserved its order on an application filed by the GLAS Trust Company LLC, the US-based lender of the debt-ridden firm Byju's, regarding the EGM. GLAS Trust, which owns over 90 per cent of the voting rights in the Committee of Creditors of Byju's, had earlier filed an application before the appellate ...