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Byju’s to launch Aakash’s IPO in 12 months

Shortpedia

Content Team
Image Credit: twitter

Byju’s on Monday announced that it will launch the Initial Public Offering (IPO) of its subsidiary, Aakash Education Services Limited (AESL), mid next year. The announcement has come as the Bengaluru-based edtech major is dealing with loan default and alleged violations of the foreign exchange policies.