Aakash 3x growth under Byju’s. How?
Aakash 3x growth under Byju’s. How?
Aakash’s 3x growth under Byju’s ownership.
BYJU is India’s most valuable Edtech Company, acquired Aakash Educational Services Limited (AESL), one of the largest test prep providers in India, for about USD 950 million in April 2021. The deal marked as a new era of collaboration between online and offline players.
Since then, Aakash Institute has witnessed immense growth, with both revenue and profits tripling during this period. The company expects to close the financial year 2023 with Rs 3,000 crores of revenue, which showcase Aakash’s 3x growth under Byju’s acquisition.
How did Aakash Institute achieve this? Some of the key factors are:
– Adding Digital Muscle To Physical Presence:
Aakash Institute leveraged BYJU’s technological expertise and digital capabilities to enhance its classroom programmes and reach out to more and more students all across the country.
– Expanding Reach And Access To Quality Education:
Aakash Institute opened new 115 centers since the acquisition, bringing the total number of centres to whole 320. It also offered the hybrid learning solutions to its students, allowing them to access Aakash Institute’s courses both online as well as offline.
– Enhancing Learning Outcomes And Student Satisfaction:
Aakash Institute combined BYJU’s adaptive learning technology with its proven teaching methods to offer more personalized and engaging learning experiences for students. It also introduced BYJU’s tablet-based learning program and BYJU’s Test Prep app for the students.
These are the reason why Aakash’s 3x growth under Byju’s.
Aakash Institute and BYJU have joined hands together to create a powerful learning experience for students in India. They have used their expertise and innovation to offer both online and offline modes of education. This partnership has been a great success for both the companies and the students. They have given the learners the best of both worlds.
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