News > Start-Up Byju's Pushes Back Payments For $1 Billion Acquisition

Start-Up Byju's Pushes Back Payments For $1 Billion Acquisition

28/06/2022 01:53 PM | Click to read full article

Online education provider Byju's, India's most valuable startup, is pushing back payments for an approximately $1 billion acquisition struck last year, according to people familiar with the matter.

Blackstone Inc. and other shareholders of test-preparation provider Aakash Educational Services were due to be paid partly in cash and partly in Byju's stock this week, but Byju's sought a two-month extension, said the people.

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