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We’re aiming for an IPO in next 18-24 months: Byju Raveendran Byju Raveendran of Byju’s (Photo: Mint)Premium Share Via Read Full Story BENGALURU : Byju’s, India’s second most valuable startup, on Monday announced the purchase of Aakash Educational Services Ltd (AESL) for about $1 billion, in what is touted to be the most expensive acquisition in the Indian edtech space. The deal also marked Byju’s focus on the Indian market for test preparations. Byju’s has been reaping the gains of a covid-induced boom in edtech, with its valuation soaring to $13 billion recently from $8 billion in January last year. The company, which raised equity funding of $1.25 billion in 2020, could potentially overtake digital payments firm Paytm as India’s most valuable startup. Paytm is valued at around $16 billion. ....
URL copied BYJU S to acquire Aakash Educational Services in $1B deal BYJU S, the world s leading ed-tech company has announced its strategic partnership with Aakash Educational Services Limited (AESL). According to sources, the deal is worth close to USD 1 billion (about 7,300 crores) making it the biggest acquisition by Byju s to date. Founder and CEO Byju Raveendran said the union will bring together the best of offline and online learning. I am happy to have Aakash Educational Services Limited (AESL), a market leader and the most trusted name in the test prep services, onboard with us. Our complementary strengths will enable us to build capabilities, create engaging and personalized learning programs. The future of learning is hybrid and this union will bring together the best of offline and online learning, as we combine our expertise to create impactful experiences for students,â he said. ....
Trailblazing Women Leaders Win Top Awards at First MAKERS Conference in India Monday, March 15, 2021 2:28PM IST (8:58AM GMT)
Divya Gokulnath, Nivruti Rai and Dr. Geetha Manjunath honored as iconic ‘ Women Who Make India’ Emerging Women Entrepreneur 2021 Awards’ category Youngest winner is budding entrepreneur, Maya Anandan, a 14-year-old student from Delhi The first MAKERS India Conference, held on March 12 and 13, celebrated women’s achievement and impact through two high-profile awards the ‘Women Who Make India Awards’ and the ‘Emerging Women Entrepreneur 2021 Awards.’ MAKERS India is a leading digital platform by Verizon Media, focused on championing women’s equality and promoting diversity and inclusion at the workplace. The awards were announced on Friday, March 12. ....
International Women s Day 2021: Meet the 94-year-old whom Anand Mahindra termed Entrepreneur of the year Today we bring before you the top five young women entrepreneurs in India who have made it big with their hard work and perseverance. (Image Source: Twitter/@capt amarinder) Share Updated: Mar 7, 2021, 02:01 PM IST International Women s Day, is celebrated every year on March 8. This day is celebrated to observe women s success and part in cultural, political, social, and economic development. It is also acknowledged to make people aware of women s rights and gender equality. Today we bring before you the top five young women entrepreneurs in India who have made it big with their hard work and perseverance. But wait, the list also has a 94-year-old entrepreneur whose story will definitely inspire you to dream in life. ....