Synopsis
The deal for what will be one of the largest edtech acquisitions in the world should close in the next two or three months.
Byju’s signs billion-dollar deal to acquire Aakash Educational Services
India’s biggest online-education startup Byju’s has signed a deal to acquire brick & mortar test prep leader Aakash Educational Services Ltd. for $1 billion, according to a person with knowledge of the talks.
The deal for what will be one of the largest edtech acquisitions in the world should close in the next two or three months, said the person, who didn’t want to be identified as the information is private.