https://techcrunch.com/2022/09/23/byjus-clears-230-million-payment-to-blackstone-for-1-billion-aakash-deal/

Byju’s has cleared all its dues to Blackstone by paying $234 million it owed the global investment giant for the $1 billion acquisition of Aakash, a source familiar with the matter told TechCrunch, addressing one of the criticisms levelled against the Indian edtech giant in recent months.

The Bengaluru-headquartered startup, valued at $22 billion, had pushed back on some payments for the approximately $1 billion acquisition of the physical education chain last year, citing regulatory clearance. Blackstone, which is also an investor in Byju’s, owned about 38% of Aakash prior to the acquisition.