Byju acquired Aakash Educational Services for about $1 billion

Byju acquired Aakash Educational Services for about $1 billion. Byju has procured leading educational pioneer Aakash Educational Services for almost USD 1 billion (about Rs 7,300 crore) as India's greatest online training the startup hopes to construct its situation in the physical fragment.

 

Byju acquired Aakash Educational Services

The acquisition by Byju is the greatest and one of the biggest ed-tech deal on the planet. Post the exchange, Blackstone Group, and Aakash Educational Services Ltd (AESL) originators will hold a minority stake in Byju's, which is esteemed at about USD 13 billion.

 

Byju, the most esteemed ed-tech startup in the nation is supported by marquee financial backers like Mary Meeker, Yuri Milner, Chan-Zuckerberg Initiative, Tencent, Sequoia Capital, Tiger Global, and others. It is assessed to have raised over USD 2 billion in subsidizing to date.


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Latest Sarkari Naukri 2021 - 2022 | Govt Jobs Dhaba: Byju acquired Aakash Educational Services for about $1 billion
Byju acquired Aakash Educational Services for about $1 billion
Byju acquired Aakash Educational Services for about $1 billion. Byju has procured leading educational pioneer Aakash Educational Services for almost U
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