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A Growth Pill for Aakash

Business Today India

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June 09, 2024

As Byju's-owned Aakash Institute stares at an uncertain future, its healthcare arm-Aakash Healthcare-is planning an expansion

- NEETU CHANDRA SHARMA

A Growth Pill for Aakash

AAKASH HEALTHCARE, AN arm of Aakash Institute, whose reins currently lie with the embattled edtech firm Byju’s, plans a significant expansion over the next five years. It aims to add 1,000 to 1,200 beds and reach a valuation of approximately ₹3,500 crore.

The expansion will initially be self-funded and will add 800 beds. The growth strategy is underpinned by capacity expansion across various medical specialties, including tertiary care and super-specialty hospitals.

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