India, Feb. 19 -- An incredibly loud whisper is echoing in India's once-bustling edtech space: BYJU'S came, BYJU'S ruled, and BYJU'S killed. From Aakash to WhiteHat Jr to Great Learning to EPIC and dozens of other companies - the fall of BYJU'S, once valued at $22 Bn, has also reversed the trajectories of startups that had looked to bank on BYJU'S scale to grow.

Even through the turmoil, two of these acquisitions showed resilience, not only succeeding in stepping out of the blues, but also making significant progress in going back to profits.

Aakash Educational Services went from being owned by the Chaudhry family to BYJU'S and now to Ranjan Pai's family office, which today holds a majority stake in the coaching giant.

On the other han...