Byjus

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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Tokyo Olympics | BYJU announces Rs 2 crore for Neeraj Chopra, Rs 1 crore each to other award recipients

BYJU’S head Edtech on Sunday announced a $ 2 million prize for Indian javelin thrower Neeraj Chopra following his gold medal of winning the Tokyo Olympics. Starting with the announcement of Rs 1 crore for each of the six medalists, who have brought benefits to the country at the Games.“To make further strides in promoting …

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Byju raises $ 460 million in recent investments; estimates rise to $ 13 billion

Edtech Byju’s start-up raised $ 460 million in the latest round of Series F funding, taking $ 1 billion from FY21. The latest financial cycle was led by MC Global Edtech Investment Holdings LP. A total of 140,233 Series F CCPS (compulsory optional shares) with a face value of Rs 10 and a premium of …

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