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- Byju’s, India’s largest online edtech start-up, has acquired Aakash Educational Services Ltd (AESL), a 33-year-old brick-and-mortar coaching centre, for nearly $940 million in a cash and stock deal12345. The deal was formally announced on Monday and is Byju’s largest acquisition to date23. Byju’s is currently valued at $13 billion1. The acquisition is expected to bolster Byju’s presence in the test preparation segment in India25.Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.
Byju’s, the country’s largest online edtech start-up, has acquired a 33-year-old brick-and-mortar coaching centre Aakash Educational Services Ltd (AESL) for nearly $940 million in a cash and stock deal. The deal, in the works for some time now, was formally announced on Monday. Byju’s is currently valued at $13 billion.
www.thehindubusinessline.com/news/education/byj…Ed-tech startup Byju's on Monday said it has acquired Aakash Educational Services Ltd (AESL) to bolster its presence in the test preparation segment in the country. According to sources, the deal is worth close to USD 1 billion (about Rs 7,300 crore) - making it the biggest acquisition by Byju's to date.www.moneycontrol.com/news/business/byjus-acqu…Byju’s is acquiring tutorial chain Aakash Educational Services Ltd (AESL) in a cash and stock deal estimated at $950 million, sealing its largest buyout. India’s most-valued edtech startup snagged coding tutor WhiteHatJr in a $300-million deal amid the pandemic last year.
economictimes.indiatimes.com/tech/startups/byjus …BYJU’S to acquire Aakash Educational Services Limited (AESL) through a strategic merger Partnership to combine BYJU’S leadership in Education Technology and AESL’s expertise in test prep services to create greater value for the student community. Founders JC Chaudhry and Aakash Chaudhry to continue to spearhead AESL’s growth and expansionbyjus.com/press/byjus-to-acquire-aakash-educatio…Byju’s said on Monday it has acquired Aakash Educational Services, a 33-year-old chain of physical coaching centres, as the Indian online learning giant looks to further consolidate its leadership position in the world’s second-largest internet market and accelerate its offline growth.techcrunch.com/2021/04/05/byjus-acquires-indian-t… - People also ask
BYJU’S to acquire Aakash Educational Services Limited (AESL)
BYJU’S to acquire Aakash Educational Services Limited (AESL) Partnership to combine BYJU’S leadership in Education Technology and AESL’s expertise in test prep services to create greater value for the student community.
Byju’s acquires Indian tutor Aakash for nearly $1 billion
Apr 5, 2021 · Byju’s said on Monday it has acquired Aakash Educational Services, a 33-year-old chain of physical coaching centres, as the Indian online learning giant looks to further …
Byju's Aakash deal: Byju's acquires Aakash …
Apr 5, 2021 · Byju’s is acquiring tutorial chain Aakash Educational Services Ltd (AESL) in a cash and stock deal estimated at $950 million, sealing its largest buyout. India’s most-valued edtech startup snagged coding tutor WhiteHatJr in …
BYJU’S to acquire Aakash Educational Services Limited | AESL
BYJU’S, the leading online learning platform in India, has announced its decision to acquire Aakash Educational Services Limited (AESL), one of the largest coaching institutes for NEET, …
Why Byju’s is buying Aakash Educational Services - Fortune …
Apr 5, 2021 · Edtech giant Byju’s on Monday said that it is acquiring Blackstone-backed Aakash Educational Services. The acquisition, which comes in the form of a cash-and-stock deal, is …
Byju’s acquires Aakash Educational Services - The Hindu
Apr 5, 2021 · Ed-tech startup Byju’s on Monday said it has acquired Aakash Educational Services Ltd (AESL) to bolster its presence in the test preparation segment in the country. According to …
Byju's acquires Aakash Educational Services for $1 …
Apr 5, 2021 · Ed-tech major Byju's on Monday, April 5, announced that it has acquired Aakash Educational Services Ltd (AESL) for around $1 billion (Rs 7,300 crore). The stock-and-cash deal will fortify the...
Byju's acquires Aakash Educational Services for …
Byju's has acquired test-prep leader Aakash Educational Services for nearly USD 1 billion (about ₹ 7,300 crore) as India's biggest online education startup looks to build its position in the...
BYJU'S closes its deal with Aakash Educational Services for …
BYJU'S will acquire Aakash Educational Services Limited (AESL) through a strategic merger. The deal size is pegged at close to $1 billion, according to a person familiar with the transaction.
Byju’s buys Aakash for nearly $1 billion - The Indian …
Apr 5, 2021 · In what has come as a significant bet on the hybrid model of education, the country’s most valuable ed-tech startup Byju’s on Monday announced acquisition of Aakash Educational Services Ltd (AESL) for close …
BYJU’S to acquire Aakash in $1-bn ‘strategic’ deal
Apr 5, 2021 · Edtech platform BYJU’S on Monday entered into a strategic partnership with test preparatory services firm Aakash Educational Services Limited (AESL) to acquire the latter for approximately $1...
Byju’s buys Aakash in $940-m cash/stock deal - The Hindu …
Apr 5, 2021 · Byju’s, the country’s largest online edtech start-up, has acquired a 33-year-old brick-and-mortar coaching centre Aakash Educational Services Ltd (AESL) for nearly $940 million …
Byjus | Aakash Educational Services: Byju’s signs billion-dollar …
Jan 12, 2021 · The deal for what will be one of the largest edtech acquisitions in the world should close in the next two or three months. Byju’s signs billion-dollar deal to acquire Aakash …
Byju’s Acquires Aakash Tutorial Chain, Deal Said to Cost Nearly …
Apr 5, 2021 · Byju’s, the Indian edutech giant, on Monday announced that it has acquired the brick-and-mortar educational institution chain Aakash Educational Services through a …
Byjus | Aakash Educational Services: Byju’s signs billion-dollar …
Jan 13, 2021 · 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 …
Byju’s clears pending dues to Blackstone in $1 bn Aakash …
Sep 23, 2022 · Edtech decacorn Byju’s has paid the final tranche of Rs 1,983 crore to private equity firm Blackstone for the acquisition of Aakash Educational Services, a source privy to the …
Byju’s to acquire Blackstone-backed Aakash Educational ... - Mint
Jan 12, 2021 · 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 …
Byju’s acquires test prep major Aakash for nearly $1 billion
Apr 5, 2021 · Ed-tech major Byju’s has acquired brick-and-mortar test preparation firm Aakash Institute in a mega deal valued at nearly $1 billion. The acquisition, which will create one of …
Aakash Institute | Byju’s to acquire Akash Educational Services in …
Jan 12, 2021 · According to the report, the deal, one of the largest edtech acquisitions in the world, will be closed in the next two to three months. Aakash's founders, the Chaudhry family …
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