Edtech Major Byju’s In Talks To Sell Controlling Stake In Aakash: Report

Edtech firm Byju’s is in early talks with private equity firms, particularly Bain Capital and KKR, about a potential sale of a controlling stake in Aakash Educational Services. This discussion comes after earlier reports hinting at Aakash Chaudhry’s possible return as CEO. Byju’s is said to be targeting a valuation of Rs 7,000 to 8,000 crore for Aakash, aligning with its initial acquisition cost.