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 has valued its 9.6% stake in BYJU’S at $493 Mn, translating to a valuation of $5.1 Bn for the edtech giant Last year, Prosus, which has invested $536 Mn in BYJU’S since 2018, cut the valuation ...
BENGALURU, June 27 (Reuters) - Dutch-listed technology investor Prosus NV (PRX.AS), opens new tab has slashed the valuation of troubled Indian edtech startup Byju's to $5.1 billion according to its ...
NEW DELHI, July 30 (Reuters) - Education technology company Byju's is close to settling a $19 million payments dispute with the Indian cricket board, which could free the business from an insolvency ...
Byju’s secured time to repay $19 million owed to India’s cricket governing board, a move that allows the online tutoring startup to avoid insolvency for now. A companies’ appeals court in the southern ...
A U.S. unit of what was once among the hottest Indian education-tech startups filed for bankruptcy following a $1.2 billion loan default that the company disputed. Byju’s Alpha’s, a U.S. shell entity ...
In 2022, the world was his to conquer. After acquiring the coaching institute Akash in 2021, his start-up's valuation had zoomed to dizzying heights and touched a staggering USD 22 billion. Byju's was ...
A U.S. bankruptcy court has ordered Byju's founder Byju Raveendran to pay over $1.07 billion in a case over missing company funds.