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Edtech BYJU’s may acquire test prep giant Aakash Institute for $1Bn 

Edtech BYJU’s may acquire test prep giant Aakash Institute for $1Bn
BYJU’s looks forward to sealing the deal within three months
Aakash CEO Aakash Chaudhary and family likely to exit completely
Aakash investor Blackstone will swap some of its equity in Aakash for a stake in BYJU’s
Aakash Institute has over 200 physical coaching centres for medical and engineering test prep
It claims to have 250K learners

 

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