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Aakash board's reconstitution begins amid BYJU'S crisis: Report
short by Ashley Paul / on Friday, 4 August, 2023
Davidson Kempner has started reconstituting the board of Aakash Educational Services, a wholly-owned subsidiary of crisis-hit BYJU'S, in an effort to turn around and improve governance of the edtech startup, The Economic Times reported. Davidson is inducting at least four new independent and nominee directors on Aakash's board. The new board is expected to take charge within a fortnight.
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