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Education

Indian startup Byju's set to buy test-prep tutor for up to $1bn

Edtech decacorn in talks with Aakash to lure students aiming for elite schools

The purchase of Aakash would give online education startup Byju's a solid foothold in the field of traditional educational services as well. (Photo by Kosaku Mimura)
AKIRA HAYAKAWA, Nikkei staff writer | India

MUMBAI -- India's leading startup in online education, Byju's, is set to expand through a corporate buyout. The Bangalore-based company is currently negotiating with Aakash Educational Services to acquire the brick-and-mortar provider of test preparatory services, Nikkei Asia has learned.

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