Byju’s, an online education provider and India’s most valuable start-up, has clearly delayed payments for the $ 1 billion acquisition last year, news agency Bloomberg said in a development-savvy source. I quoted and reported it.
Blackstone Inc. and other shareholders of test preparation provider Akash Educational Services were expected to pay in cash this week, partly in Byju’s stock, but Byju sought an extension of two months, the report added. I did.
He also said that some sellers received partial payments in 2021.