Aakash Educational Services acquired by Byjus for $ 1 billion

Ed-tech Byju on Monday, April 5, announced that it had acquired Aakash Educational Services Ltd (AESL) for $ 1 billion (Rs 7,300 crore). Stock and cash transactions will strengthen the Indian diversity in the test preparation phase in India. The deal is Byju’s biggest acquisition so far in India’s emerging ed-tech space. Meanwhile, AESL will …

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