BYJU'S to acquire Aakash Educational Services for $1 billion: Report

India's biggest edtech startup BYJU'S has signed a deal to acquire Aakash Educational Services for $1 billion, Bloomberg reported on Tuesday. The deal, which will be one of the largest edtech acquisitions in the world, is expected to close in two or three months. Blackstone Group-backed Aakash Educational Services runs Aakash Institute, which has over 200 coaching centres.