BYJU'S to take over Aakash Educational Services : vimarsana.

BYJU'S to take over Aakash Educational Services


BYJU'S to take over Aakash Educational Services
BYJU'S last year acquired Mumbai-based live online coding provider WhiteHat Jr for roughly Rs 2,246 crore
Wednesday January 13, 2021 5:23 PM, IANS
New Delhi: Leading edtech company BYJU'S is reportedly acquiring Delhi-based offline test preparatory services provider Aakash Educational Services for $ one billion (nearly Rs 7,300 crore), the media reported.
The deal may close in the next two-three months, reports Bloomberg.
An email sent to BYJU'S on Wednesday did not elicit any response.
BYJU'S last year acquired Mumbai-based live online coding provider WhiteHat Jr for roughly Rs 2,246 crore.
More Funding Rounds
In September, barely a month later, the edtech platform raised $500 million (approximately Rs 3,689 crore) in a new funding round led by global technology investment firm Silver Lake.

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