BENGALURU: Byju‘s is alleged to have pushed again payments to Aakash Educational Services (AESL) that it acquired final yr for almost $1 billion.
Online media platform The Morning Context reported on Tuesday that payments have been delayed until August. Byju’s had acquired Aakash to bolster its offline presence with tuition centres.
When TOI contacted Byju’s for a remark, the spokesperson stated, “Aakash is our most successful acquisition till date, and we are very proud to have them in our fold. The acquisition process of Aakash is fully on track and all payments are expected to be completed by the agreed upon date (August 2022).”
Aakash’s authentic promoters JC Chaudhry and Aakash Chaudhry weren’t instantly out there for touch upon the contradictory statements.
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