Prosus slashes edtech giant Byju’s valuation to $5.1 billion

Prosus, the largest non-founder shareholder in Byju’s, has drastically slashed the worth of its stake in the edtech giant, implying a starkly diminished valuation of $5.1 billion to the Indian startup. Prosus disclosed on Tuesday that it had downsized the value of its 9.6% stake in Byju’s to around $493 million in the financial year […] Prosus slashes edtech giant Byju’s valuation to $5.1 billion by Manish Singh originally published on TechCrunch...