India: Prosus writes off Byju's investment, records $493m loss

India: Prosus writes off Byju's investment, records $493m loss

FILE PHOTO: People walk past an advertising hoarding of Byju's, an Education Technology company and one of India's biggest startup, outside one of its branch in New Delhi, India, June 23, 2023. REUTERS/Adnan Abidi/File Photo

Vibhuti Sharma

25 June, 2024

Netherlands-based technology investor Prosus has written off the value of its 9.6% stake in Byju’s, once considered one of the most valued startups in India.

Edited by: Joymitra Rai

Byju'sProsus NV

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