Major investor Prosus has written off its 9.6% stake in Indian edtech firm Byju’s to zero, signaling a loss of confidence in the once-promising startup. Prosus, the largest external investor in Byju’s, disclosed the adjustment in its assessment of Byju’s worth on Monday. Prosus wrote off the startup “due to the significant decrease in value […]
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Prosus zeroes out its 9.6% stake in Byju’s
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