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The CCI has approved edtech decacorn Byju’s acquisition of Aakash Educational Services (AESL). AESL runs Aakash Institute, which is a chain of over 215 brick-and-mortar coaching centers that provides test preparatory services to students preparing for medical and engineering entrance exams, school/board exams, Olympiads, and other foundation level exams.
Byju’s had said Aakash would continue to operate as an independent entity and further investments would be made in the Bengaluru-based company to accelerate its growth.
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