Byju”s acquires Aakash Educational Services for about $1 billion
NEW DELHI: Byju”s has acquired test-prep leader Aakash Educational Services for nearly USD 1 billion (about Rs 7,300 crore) as India”s biggest online education startup looks to build its position in the brick and mortar segment. The acquisition is Byju”s biggest and one of the largest ed-tech deals in the world. Post the transaction, Blackstone […]
Byju’s to acquire Aakash Educational Services for Rs 7,300 crore
By Saritha Rai NEW DELHI: India’s biggest online-education startup Byju’s has signed a deal to acquire brick & mortar test prep leader Aakash Educational Services Ltd. for $1 billion, according to a person with knowledge of the talks. The deal for what will be one of the largest edtech acquisitions in the world should close […]