About Aakash Educational Services
Aakash Educational Services is a company based in Delhi (India) founded in 2000 by Aakash Chaudhry was acquired by BYJU'S in January 2021. Aakash Educational Services has raised $745.25 million across 2 funding rounds from investors including Blackstone, BYJU'S and Davidson Kempner Capital Management. The company has 5,131 employees as of April 03, 2024. Aakash Educational Services has completed 1 acquisition, including Meritnation. Aakash Educational Services operates in a competitive market with competitors including Veranda Learning, Career Launcher, CLEducate, Career Point and Resonance Eduventures, among others.
- Headquarter Delhi, India
- Employees 5131 as on 03 Apr, 2024
- Founders Aakash Chaudhry
- Stage Minicorn
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Sectors
Education
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Email
Locked
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Phone
Locked
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Website
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Social
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- Legal Name Aakash Educational Services Limited
- Date of Incorporation 15 Oct, 2007
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$143.21 M (USD)0as on Mar 31, 2021
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Net Profit
-$3.37 M (USD)0as on Mar 31, 2021
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EBITDA
$18.04 M (USD)0as on Mar 31, 2021
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Total Equity Funding
$745.25 M (USD)
in 2 rounds
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Latest Funding Round
$243.62 M (USD), Private Equity Round
May 11, 2023
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Investors
Blackstone
& 2 more
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Employee Count
5131
as on Apr 03, 2024
- Investments & Acquisitions
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Acquired by
BYJU'S
(Jan 12, 2021)
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People of Aakash Educational Services
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Funding Insights of Aakash Educational Services
Aakash Educational Services has successfully raised a total of $745.25M across 2 strategic funding rounds. The most recent funding activity was a Private Equity Round of $243.62 million completed in May 2023. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Aakash Educational Services
Aakash Educational Services has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include Blackstone, BYJU'S and Davidson Kempner Capital Management.
| Investor | Description | Founded Year | Domain | Location |
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Diversified investment management is provided across multiple asset classes.
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Global investment firm focusing on credit and event-driven opportunities worldwide.
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Online learning programs for K-12 education are delivered.
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Investor details for Aakash Educational Services
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Investments & Acquisitions by Aakash Educational Services
Aakash Educational Services has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Meritnation.
Investment portfolio details for Aakash Educational Services
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of tutoring and learning resource platform for students
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Complete acquisition details for Aakash Educational Services
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Financial Statements - Aakash Educational Services
Detailed financials for Aakash Educational Services
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Aakash Educational Services Comparisons
Peer comparison for Aakash Educational Services
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Competitors of Aakash Educational Services
Aakash Educational Services operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Veranda Learning, Career Launcher, CLEducate, Career Point and Resonance Eduventures, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Government exam preparation is provided through centers and online courses.
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Entrance exam preparation programs are offered through education centers.
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K-12 education, vocational training and test prep provider
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IIT-JEE, AIEEE, and pre-medical coaching is provided through institute chains.
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IITJEE coaching and exam preparation programs are offered to students.
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Detailed competitors of Aakash Educational Services
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Latest news on Aakash Educational Services
Complete news archive for Aakash Educational Services
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Frequently Asked Questions about Aakash Educational Services
Aakash Educational Services was founded in 2000 and raised its 1st funding round 19 years after it was founded.
Aakash Educational Services is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Anuj Tiwari is the current CEO of Aakash Educational Services.
Aakash Educational Services is a funded company, having raised a total of $745.25M across 2 funding rounds to date.
As of Apr 03, 2024, the latest employee count at Aakash Educational Services is 5,131.
Annual revenue of Aakash Educational Services is $143.21M as on Mar 31, 2021.
Aakash Educational Services was established in 2000 in Delhi, India, as a provider of coaching for competitive exams in the education sector. Instruction is delivered via a network of centers, focusing on exams including NEET (UG), IIT JEE Main, JEE Advanced, NTSE, and KVPY olympiads. One-on-one guidance and progress reports are supplied by personal mentors to support student preparation.
Aakash Educational Services's top competitors include Veranda Learning, MT Educare and Resonance Eduventures.
Aakash Educational Services has made 1 acquisition, including Meritnation.
Aakash Educational Services has 3 investors. Key investors include Blackstone, BYJU'S, and Davidson Kempner Capital Management.
The valuation of Aakash Educational Services is $614.99M as of May 2023.