<p>Embattled edtech startup Byju's is looking for investors to sell a part of its stake in the educational institute Aakash Education Services, television news channel <em>ET Now</em> reported on Friday, citing sources.</p>.<p>Byju's holding company, Think and Learn, is looking to dilute up to 20 per cent of its total 70 per cent equity stake in Aakash Education, sources told <em>ET Now</em>.</p>.<p>The company bought Aakash Education for $950 million (Rs 7,798 crore) in 2021.</p>.<p><strong>Read | <a data-ved="2ahUKEwim5eCI--r_AhXDXGwGHe5nAtkQxfQBKAB6BAgMEAE" href="https://www.deccanherald.com/business/business-news/byju-s-seeks-to-raise-1-billion-to-appease-shareholders-amid-revolt-1231679.html">Byju’s seeks to raise $1 billion to appease shareholders amid revolt</a></strong></p>.<p>The talks with prospective investors are early and preliminary, the broadcaster reported in a tweet.</p>.<p>Byju's declined to comment on the report.</p>.<p>The reported plans of stake offloading come as a sharp contrast to the edtech's earlier plans of listing Aakash Education through an IPO by mid-2024.</p>.<p>Byju's, embroiled in legal and financial woes, saw three of its independent directors and auditor Deloitte sever ties with the company last week.</p>
<p>Embattled edtech startup Byju's is looking for investors to sell a part of its stake in the educational institute Aakash Education Services, television news channel <em>ET Now</em> reported on Friday, citing sources.</p>.<p>Byju's holding company, Think and Learn, is looking to dilute up to 20 per cent of its total 70 per cent equity stake in Aakash Education, sources told <em>ET Now</em>.</p>.<p>The company bought Aakash Education for $950 million (Rs 7,798 crore) in 2021.</p>.<p><strong>Read | <a data-ved="2ahUKEwim5eCI--r_AhXDXGwGHe5nAtkQxfQBKAB6BAgMEAE" href="https://www.deccanherald.com/business/business-news/byju-s-seeks-to-raise-1-billion-to-appease-shareholders-amid-revolt-1231679.html">Byju’s seeks to raise $1 billion to appease shareholders amid revolt</a></strong></p>.<p>The talks with prospective investors are early and preliminary, the broadcaster reported in a tweet.</p>.<p>Byju's declined to comment on the report.</p>.<p>The reported plans of stake offloading come as a sharp contrast to the edtech's earlier plans of listing Aakash Education through an IPO by mid-2024.</p>.<p>Byju's, embroiled in legal and financial woes, saw three of its independent directors and auditor Deloitte sever ties with the company last week.</p>