Acquisition
Byju Raveendran: $950M moved in 2021
Byju's bought the test-preparation chain Aakash Educational Services in India's largest edtech acquisition.
The figure
- Amount950,000,000 US dollars
- CategoryAcquisition
- CorridorBengaluru, India → New Delhi, India
- Distance1.7K km apart
- Year reported2021
- Documentation confidence90/100
What that amount buys
$950M is roughly 13 long-range private jets, 2.3K median-priced US homes, or 11.8K years of median US household income.
Byju Raveendran is publicly known as founder, byju's. The arc drawn for this entry joins Bengaluru and New Delhi because those are the places the two sides of the deal are based — it is not the route a wire took through the banking system.
Source
Reported by Wikipedia. Read the source record →