BYJU's unit Aakash Educational appoints Deepak Mehrotra as MD, CEO
Crisis-hit BYJU’s ropes in Mehrotra to deliver its “aggressive growth plan”
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Byju's to list Aakash Institute by mid-2024
The Bengaluru-headquartered edtech unicorn acquired Aakash Institute in April 2021, for a cash and stock deal worth ₹1,983 crore.
Byju’s takes ₹300 crore from subsidiary Aakash Institute
The Bengaluru-headquartered edtech unicorn had acquired Aakash Institute in April last year for a cash and stock deal worth ₹1,983 crore.
Cleared all payments due to Aakash, says BYJU’s
Payments to Aakash are closed and the audited financial results are going to be announced in the next 10 days, says ed-tech major BYJU’s
Byju’s acquires Austria-based math platform GeoGebra
Deal value pegged at around $100 million; GeoGebra to continue as an independent unit within Byju’s.
Was a big challenge to get accepted: Pallavi Shroff
Despite the uncertain and challenging business environment over the past year, Pallavi Shroff’s law firm was busy overlooking major deals in the internet economy space.
VIDEO - Organic growth not enough: Byju
This year so far, Byju Raveendran has spent over $2 billion across four key acquisitions—intending to also accelerate the edtech major’s growth in the U.S. and other markets.
Byju’s half a billion dollar edtech buy
Bengaluru-based Byju’s acquired American edtech firm Epic for $500 million, its second deal in the region to ramp up its presence as it also plans to invest $1 billion in North America.
Why Byju’s is buying Aakash Educational Services
Byju’s is buying Aakash Educational Services for nearly $1 billion, in a bid to enter the test prep space. But will Byju’s succeed and what implications does the deal have for the edtech space?
India’s edtech battleground is heating up
Armed with tailored strategies along with strong financial backing, companies like Amazon, Byju’s, and Unacademy are fighting to occupy a larger chunk of the edtech space.
