About Aakash Edutech Private Limited
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Aakash Edutech Private Limited is a private limited company based in New Delhi, Delhi, India, a subsidiary of Aakash Educational Services Limited. It operates in the online education and learning platforms segment of the internet and digital services sector. It was incorporated on 04 April 2001 and has been in existence for over 25 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U99999DL2001PTC110324. Its GSTIN is 07AADCA3289M1ZB (Delhi). The company holds 28 GST registrations, of which 5 are active.
The company has an authorised share capital of ₹38.25 Cr and a paid-up capital of ₹25.03 Cr. It was formerly known as Applect Learning Systems Pvt Ltd. It is led by directors including Byju Raveendran and Sachin Saxena.
Its last annual general meeting (AGM) was held on 28 December 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at Second Floor Apex Tower, Plot No.3 Sector – A Pocket – II Vasant Kunj New Delhi, Delhi, India – 110070.
As per the financials filed for FY 2024, the company reported a revenue of ₹11.82 Cr, a decline of 44% compared to the previous year. For the same year it recorded a net loss of ₹26.95 Cr (net margin -227.9%) and EBITDA of -₹9.21 Cr (EBITDA margin -77.9%). Revenue has declined at a compounded annual rate (CAGR) of 36% over three years and 20% over five years.
The company has about 102 employees on its provident fund (EPFO) records.
The company is associated with 2 brands: Meritnation and Aakash Educational Services. As per MCA filings, the company has open charges of ₹70 Cr on record. Court records list 1 case involving the company, including 1 filed against it. The company has 26 deals on record (16 secondary share transfers, 6 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹105.16 Cr; the latest was in June 2021. Its 6 peer companies in the Education industry (E Learning), with the same principal business activity (educational support services) are compared by revenue, 4 larger and 2 smaller; the largest is Fintree Education Private Limited with revenue of ₹12.62 Cr.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website meritnation.com.
Company details
Contact details
Aakash Edutech Private Limited's registered office is in New Delhi, Delhi. Its website is meritnation.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Apps
- Registered AddressSecond Floor Apex Tower, Plot No.3 Sector – A Pocket – II Vasant Kunj New Delhi, Delhi, India – 110070
- IndustryInternet, Online Education & Learning Platforms
To see the full contact details of Aakash Edutech Private Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Aakash Edutech operates two associated brands: Meritnation and Aakash Educational Services. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Provider of tutoring and learning resource platform for students | meritnation.com | |
| Chain of centers offering coaching for medical & engineering entrance exams | aakash.ac.in |
Financials of Aakash Edutech Private Limited
FY 2024 filings availableAakash Edutech Private Limited reported revenue of ₹11.82 Cr (down 44% YoY) for FY 2024.
Compounded Annual Growth Rate (CAGR)
Revenue has declined at a compounded annual rate (CAGR) of 20% over five years, including a 44% fall in the latest year. EBITDA rose 67% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA | -₹9.21 Cr | ||||
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| Net Profit (PAT) | -₹26.95 Cr | ||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| EBITDA Margin | -77.9% | ||||
| Net Profit Margin | -227.9% | ||||
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To see the full financial statements and ratios of Aakash Edutech Private Limited, buy the company report.
Board of directors of Aakash Edutech Private Limited
Aakash Edutech has 3 current directors and 26 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Byju Raveendran Also directs: Byjus Investments Private Limited, Specadel Technologies Private Limited, Span Thoughtworks Private Limited and 5 more | Director | 19 Jan 2023 | 3 Years 9 Months | Current |
| Sachin Saxena | Director | 08 Jul 2024 | 2 Years 3 Months | Current |
| Chandra Sekhar Reddy Garisa Also directs: BPL Medical Technologies Private Limited, Panacea Medical Technologies Private Limited, River Mobility Private Limited and 5 more | Additional Director | 05 Nov 2025 | 0 Years 11 Months | Current |
Peer comparison
Aakash Edutech Private Limited is compared with the 6 companies closest to it by revenue in the Education industry (E Learning), with the same principal business activity (educational support services), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Fintree Education Private Limited | ₹12.62 Cr (FY 2024) | 19.0% | Pune, Maharashtra, India | |||
| Gyanlive Education Private Limited | ₹12.59 Cr (FY 2024) | 52.0% | Gandhinagar, Gujarat, India | |||
| I Dream Education Private Limited | ₹12.38 Cr (FY 2025) | 23.0% | Panchkula, Haryana, India | |||
| Innovalance Learning Systems Private Limited | ₹12.3 Cr (FY 2025) | 5.0% | New Delhi, Delhi, India | |||
| Aakash Edutech Private Limitedthis company | ₹11.82 Cr (FY 2024) | -₹26.95 Cr | -227.9% | -44.0% | 102 | New Delhi, Delhi, India |
| English Mithra Private Limited | ₹11.35 Cr (FY 2023) | 76.0% | P.O. Koorad, Malappuram, Kerala, India | |||
| Vaidik Eduservices Private Limited | ₹11.18 Cr (FY 2024) | 147.0% | Gautam Buddha Nagar, Uttar Pradesh, India |
To see the full peer comparison of Aakash Edutech Private Limited, buy the company report.
Auditor
Aakash Edutech Private Limited is audited by M S K A & Associates for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| M S K A & Associates | FY 2023 | 105047W |
Shareholding
The shareholding of Aakash Edutech Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
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| Others |
To see the full shareholding pattern of Aakash Edutech Private Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Oct 2020 | 100396949 | Hdfc Bank Limited | ₹70 Cr | Open |
To see the full charge records of Aakash Edutech Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Aakash Edutech Private Limited has 26 deals on record (16 secondary share transfers, 6 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹105.16 Cr; the latest was in June 2021.
Deals on record (5 of 26)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Jun 2021 | Secondary share transfer | Undisclosed | Buyer: Aakash Educational Services Limited Seller: an individual |
| Aug 2020 | Secondary share transfer | Undisclosed | Buyer: Aakash Educational Services Limited Seller: Applect Employee Stock Option Plan Trust, an individual |
| Feb 2020 | Secondary share transfer | Undisclosed | Buyer: Aakash Educational Services Limited Seller: Info Edge Ventures |
| Jul 2017 | Secondary share transfer | Undisclosed | Buyer: an individual Seller: Applect Employee Stock Option Plan Trust |
| Jun 2016 | Rights issue | ₹25 Cr | Investors: Info Edge Ventures |
To see the full deal history of Aakash Edutech Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Aakash Edutech Private Limited has 1 court case on record: 1 filed against it. All case is disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 1 | 1 | 0 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Court case (L I R) | Filed against the company by an individual | Disposed |
To see the full case history of Aakash Edutech Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Aakash Edutech Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Aakash Edutech Private Limited has a workforce of 102 employees on its EPFO records as of Apr 06, 2024, across 1 active EPFO establishment.
GST
Aakash Edutech has 28 GST registrations: 5 active and 23 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AADCA3289M1ZB | Delhi | Active | 01 Jul 2017 |
| 07AADCA3289M1CM | Delhi | Active | 25 Feb 2021 |
| 06AADCA3289M2ZC | Haryana | Active | 01 Jul 2017 |
| 09AADCA3289M2Z6 | Uttar Pradesh | Active | 11 Oct 2018 |
To see the full GST registrations and return filing status of Aakash Edutech Private Limited, buy the company report.
Recent activity
Aakash Edutech Private Limited has 27 board changes on record since 2008: 5 appointments and 22 cessations. The latest: Chandra Sekhar Reddy Garisa was appointed as Additional Director on 05 Nov 2025.
20 earlier events are in the company report.
News
Frequently asked questions
Aakash Edutech is an active private limited company based in New Delhi, Delhi, India. The company works in online education and learning platforms, within the internet industry. It was incorporated on 04 April 2001 (25+ years old) and is registered under CIN U99999DL2001PTC110324.
Aakash Edutech has 3 current directors:
- Byju Raveendran - Director
- Sachin Saxena - Director
- Chandra Sekhar Reddy Garisa - Additional Director
The latest financial statements of Aakash Edutech on record with the MCA are for the year ended 31 March 2024. Its last annual general meeting was held on 28 December 2024. Year-wise statements from 2015 are in the company report.
The GSTIN of Aakash Edutech is 07AADCA3289M1ZB, registered in Delhi. The company has 28 GST registrations in all, of which 5 are active and 23 are cancelled or inactive. Other active GSTINs include 07AADCA3289M1CM (Delhi), 06AADCA3289M2ZC (Haryana), 09AADCA3289M2Z6 (Uttar Pradesh).
The CIN (Corporate Identification Number) of Aakash Edutech is U99999DL2001PTC110324. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Aakash Edutech has 1 court case on record: 1 filed against it.
Aakash Edutech was incorporated on 04 April 2001, making it 25+ years old. It is registered with the Registrar of Companies, Delhi.
Aakash Edutech has 26 deals on record (16 secondary share transfers, 6 funding rounds, 2 convertible or debt financings), with disclosed funding of ₹105.16 Cr; the latest was in June 2021.
The peers of Aakash Edutech by revenue are Fintree Education Private Limited, Gyanlive Education Private Limited, I Dream Education Private Limited, Innovalance Learning Systems Private Limited, English Mithra Private Limited and 1 more, all in the Education industry (E Learning), with the same principal business activity (educational support services).
Chandra Sekhar Reddy Garisa was appointed as Additional Director on 05 Nov 2025. Deepak Mehrotra was appointed as Managing Director on 28 Dec 2024. Deepak Mehrotra ceased to be Additional Director on 08 Jul 2024. Aakash Edutech has 27 board changes on record in total.
Aakash Edutech can be reached through the website meritnation.com. Its registered office is in New Delhi, Delhi, India.