Byju’s Completes $950 Million Aakash Acquisition, Receives $800 Million Funds Raised in March

Byju’s Completes $950 Million Aakash Acquisition, Receives $800 Million Funds Raised in March

ByNews Polite

Edtech firm Byju’s said on Monday that it has completed payment that was due for the acquisition of Aakash Educational Service and received majority of $800 million (roughly Rs. 6,300 crores) fund which it announced in March. The company is estimated to have acquired Aakash Educational Services Limited for around…