Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Dutch firm Prosus writes off $578m investment in Byju's, reducing stake to 9.6% due to startup's decreased value.

flag Dutch investment firm Prosus has written off its entire $578 million investment in Indian edtech company Byju's, citing a significant decrease in the startup's value for equity investors. flag Prosus' stake in Byju's decreased to 9.6% after it lost significant influence in the company. flag Byju's, once valued at $22 billion, has faced various financial and governance issues, leading to a decline in its valuation.

22 Articles

Further Reading