Education Employability and Entrepreneurship
BYJU's vs Amazon Academy - The battle of EdTech giants
16 Jan 2021
According to various media reports, India’s edtech unicorn
BYJU’s, on Wednesday, has signed the deal to acquire Aakash Educational
Services Limited for $1 billion. The deal is projected to close within the next
couple of weeks – marking the largest edtech acquisition in the world to date.
Aakash Educational Services Limited (AESL) was started in
1988 by JC Chaudhary. Currently, the leading institute in India that provides
comprehensive test preparatory services to students for medical and engineering
entrance exams. Aakash today has a PAN-India network of 200+ centres and over
250,000 students.
The full article was originally published on Dailyhunt