Aakash acquisition: BYJU’S again fails to clear Blackstone’s dues
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In what appears to be mounting trouble for BYJU’S, the edtech major has reportedly again missed the deadline to pay more than INR 1,500 cr in dues to private equity firm Blackstone. The dues purportedly pertain to the INR 7,300 Cr acquisition of the tutorial chain Aakash Educational Services that was executed in April last year.