Prosus slashes Indian edtech giant Byju’s valuation to ‘sub-$3 billion’

Prosus has marked down the valuation of Byju’s, India’s most valuable startup, to below $3 billion, the investment giant’s executives said in an earnings call Wednesday even as they asserted that they remain bullish on the opportunities in the South Asian market. The Bengaluru-headquartered startup, which has raised over $5 billion in equity and debt […] © 2023 TechCrunch. All rights reserved. For personal use only....