India Digest: BYJU'S to raise $250m in pre-IPO funding for Aakash; ADIA eyes $500m stake in Lenskart

BYJU’S is seeking to raise as much as $250 million through the issuance of convertible notes by Aakash Educational Services. Separately, the Abu Dhabi Investment Authority may be nearing a deal to acquire a stake in Indian eyewear startup Lenskart Solutions for about $500 million.