Business Standard

Byju's-backed Aakash expecting to cross Rs 3,000 cr in revenues this year

Byju's acquired AESL in 2021 for about $1 billion. Since then, Byju's said AESL's revenue and profits tripled


Peerzada Abrar Bengaluru

Listen to This Article

Edtech major Byju’s said its subsidiary Aakash Educational Services (AESL) was expecting to cross Rs 3,000 crore in revenues in financial year 2022-23, a threefold rise under its fold.

Byju’s acquired AESL in 2021 for about $1 billion. Since then, Byju’s said AESL’s revenue and profits tripled.

“Since the acquisition, AESL has registered 3X growth in revenue, and we look forward to integrating our synergies further to reimagine education for students everywhere,” said Divya Gokulnath, co-founder of Byju’s. “With our expansion plans and student-centric approach, we are confident that AESL will continue to broaden its horizons.”

The company, which prepares

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Mar 31 2023 | 8:52 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on are available only to BS Premium subscribers.

Register to