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Second Most Valued Startup Of India, Byju’s Plans For An IPO In Next 18 To 24 Months Byju's learning app (Website/Amazon AWS) Led by Byju Raveendran, Bengaluru-based ed-tech startup Byju's on Monday (5 April) announced the purchase of Aakash Educational Services Ltd (AESL) for about $ one billion. Founded in 1988, Aakash Educational Services which owns and operates more than 200 physical tutoring centres serves more than 2,50,000 students preparing for admissions to top engineering and medical colleges in the country. The acquisition of Aakash Educational Services by Byju’s is toute...

BYJU'S completes Aakash Educational merger; founders become shareholders in edtech decacorn After three months of being in the works, BYJU'S has completed the acquisition of Aakash Educational Services to create India's largest omni-channel education company. 0 claps Share on BYJU'S, the world's most valuable edtech startup, has completed the acquisition of test prep service provider Blackstone Group-backed AESL has been operational for 33 years, during which it has expanded its presence to 215 coaching centres across the country. It offers test prep services to students aspiring for medic...

Byju’s acquires Aakash Educational Services Updated: Updated: April 05, 2021 17:01 IST According to sources, the deal is worth close to USD 1 billion (about ₹7,300 crore) - making it the biggest acquisition by Byju’s to date. Share Article AAA According to sources, the deal is worth close to USD 1 billion (about ₹7,300 crore) - making it the biggest acquisition by Byju’s to date. 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...

Matrix, Binny Bansal-backed 021 Capital bet on Crejo.Fun Premium 1 min read Debjyoti Roy Stealth mode edtech startup Crejo.Fun has secured ₹22 crore in pre-seed funding from Matrix Partners India and Flipkart co-founder Binny Bansal-backed venture capital firm 021 Capital, two people briefed on the deal told VCCircle. Share Via Read Full Story Stealth mode edtech startup Crejo.Fun has secured ₹22 crore in pre-seed funding from Matrix Partners India and Flipkart co-founder Binny Bansal-backed venture capital firm 021 Capital, two people briefed on the deal told VCCircle. Owned by Createj...

Ankit Gupta, CEO and Co-founder of edtech startup Quizizz Inc., in a fireside chat at YourStory’s Investor Summit 2021. The coronavirus pandemic brought several predicaments to the Indian economy and the business ecosystem. However, it compelled one and all to think digital and innovate in order to survive and thrive. While talking about the consequences of the events that unfolded last year in the edtech sector, Ankit said, “Technology became a must have in the education sector in the wake of COVID-19.” Ankit launched Quizizz in 2015. The Bengaluru-based learning platform supports m...