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- $940 millionByju’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 Monday1. Byju’s is currently valued at $13 billion1. The acquisition is aimed at bolstering Byju’s presence in the test preparation segment in India2.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 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 brick and mortar segment.www.hindustantimes.com/education/news/byjus-ac…Byju's, India's biggest online education startup, is on its way to acquire Aakash Educational Servies Pvt Ltd for $1 billion, reported Bloomberg on January 12. Backed by Blackstone Group, Aakash Educational Services runs Aakash Institute, the well-known chain of coaching centres that train students for engineering and medical entrance exams.www.moneycontrol.com/news/business/byjus-to-ac…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 …
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