India edtech unicorn BYJU’s acquires Aakash Educational in $1b deal

India edtech unicorn BYJU’s acquires Aakash Educational in $1b deal

Byju’s founder Byju Raveendran. Photo: Mint

Indian edtech major BYJU’s on Monday confirmed the acquisition of education institution Aakash Educational Service Ltd (AESL), as it looks to double down on its presence in the test prep segment, and further add omni-channel capabilities to both entities.