Key Metrics
- No. of Employees11626
- Founded Year 1998
- Company StagePublic Limited Company
- Total Funding₹1,350 Cr
- Industry
- Headquarter
- Company StatusAcquired
About Aakash
Aakash Educational Services Limited (AESL) is a leading test-prep company in India with a strong legacy of over 35 years, that provides comprehensive test preparatory services for students preparing for Medical (NEET) and Engineering Entrance Examinations (JEE), School/Board Exams & Competitive Exams such as NTSE, KVPY, and Olympiads.
Byju’s acquired Aakash in April 2021 for a cash and stock deal of nearly $1 billion.
Business Model
Byju’s owned Aakash Institute offers NEET, IIT-JEE, Olympiad NTSE, classroom courses along with distance courses for engineering and medical aspirants.
Top Competitors
FI
FiitjeeU80211DL1997PLC090156
AL
AllenU80100RJ2021PTC077131
TO
ToprankersU72200KA2014PTC077016
Aakash Funding Details
Funding Highlights
Latest Funding RoundPrivate Equity
Total Funding Raised₹1,350 Cr
No. of Investments Made0
Total No. of Acquisitions0
Lead Investors1
Investors
- Davidson Kempner Capital Management
Funding Details
Funding History
Funding Per Year
Aakash Financial Details
Financial Highlights
FY 2022-23 Revenue₹2,433.28 Cr
FY 2022-23 Expenses₹2,164.04 Cr
FY 2022-23 Profit/Loss-₹79.37 Cr
Net Cash Flow From Operations₹424.5 Cr
Full Financial Details
Financial Comparison
Revenue Breakdown
Expense Breakdown
Shareholding Structure
Financial Ratio
Aakash Key People
People Metrics
Current Core Team3
Board Members/Directors5
Aakash Documents