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Prosus writes off its massive investment in Byju'sNews

Prosus writes off its massive investment in Bengaluru-based Byju's, records a $493 million loss

Prosus, an investment firm owned by Naspers, said it has written off the value of its 9.6% stake in Bengaluru-based troubled edtech startup Byju’s. 

By Sumit Vishwakarma
Jun 24, 2024 17:46 IST 2 Min read
Vidyakul elevates Akhil Hari Angira to co-founder & CBONews
State board-focused edtech startup Vidyakul elevates Akhil Hari Angira to co-founder & CBO
By Sumit Vishwakarma
Jun 21, 2024 18:52 IST 2 Min read
Hemesh Singh News
Unacademy's co-founder and CTO Hemesh Singh quits; moves to an advisory role
By Sumit Vishwakarma
Jun 08, 2024 20:09 IST 2 Min read
Byju's lenders begin bankruptcy processNews
Byju's lenders begin bankruptcy process in the US over $1.2 billion term loan, says 'We have made every effort possible'
By Jaya Vishwakarma
Jun 06, 2024 18:09 IST 2 Min read
byjus salaryNews
Byju's processes employees' May payout from business collections: Report
By Sumit Vishwakarma
Jun 04, 2024 14:47 IST 2 Min read
Edtech platform Scaler Academy valued at $710M in a $55M funding roundNews
Scaler invests Rs 50 crore for the development of Scaler School of Business
By Sumit Vishwakarma
Jun 01, 2024 20:54 IST 2 Min read
Vedantu FY23News
Edtech startup Vedantu's FY23 revenue drops 7.8%; cuts losses by 46%
By Sumit Vishwakarma
Jun 01, 2024 19:10 IST 2 Min read
adda247 fy24News
Edtech firm Adda247 reports 88% rise in revenue, 66% decline in losses in FY24
By Sumit Vishwakarma
May 28, 2024 16:04 IST 2 Min read
Vimal Singh Rathore and Aseem GuptaFunding Fusion
SuperKalam raises $2M in a seed round to revolutionize personalized education with AI mentorship
By ISN Team
May 22, 2024 17:55 IST 2 Min read
Mohandas Pai Rajnish Kumar to leave Byju's advisory councilNews
Mohandas Pai, former SBI Chairman Rajnish Kumar to leave troubled Byju's advisory council
By Vivek Vishwakarma
May 20, 2024 12:57 IST 2 Min read
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