BYJU'S plans $1 billion IPO of subsidiary Aakash next fiscal: Report

BYJU'S is planning to list its subsidiary Aakash, an offline coaching chain, in the first half of next year, Moneycontrol reported. The size of the IPO could be in the range of $1 billion, valuing Aakash at $3.5-$4 billion. According to the report, BYJU'S plans to list by June 2024, or the first half of FY24.