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Payments to Aakash are closed: BYJU'S amid reports of delay in $1 billion deal
short by Hiral Goyal / on Monday, 4 July, 2022
India's most valuable edtech startup BYJU'S said that its payments to Aakash Educational Services are closed after reports emerged that it is pushing back payments. In 2021, BYJU'S struck a deal to acquire Aakash, which runs a chain of physical coaching centres, in a cash-and-stock deal worth $1 billion. "All payments are expected to be completed by...August," BYJU'S earlier said.
read more at Moneycontrol