In October 2019, private equity firm Blackstone had bought stake in AESL to build an omni-channel education company.
Test preparation firm Aakash Educational Services (AESL) has set up a wholly-owned subsidiary, Aakash Edutech (AEPL) for the digital education business. The new entity will offer an online platform for students to access live test preparation classes and live tuitions with self-study materials.
The press statement said AEPL will comprise of Aakash Digital and Meritnation businesses. While Aakash Digital that offers online coaching for competitive exams was started seven years ago, 11-year old Meritnation which offers live classes to school students was ...
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