prosus

Published By: Mohammad HarisLast Updated: November 29, 2023, 19:21 ISTOver the past year, shareholders including Prosus and Blackrock have successively cut Byju's valuation to $11 billion in March, $8 billion in May and $5 billion in…

NEW DELHI: Trouble continues to mount for Byju’s. A month after the firm’s investor Prosus confirmed the resignation of its representative Russell Dreisenstock from the board of the startup, the Netherlands-based technology investoron…

NEW DELHI: Trouble continues to mount for Byju’s. A month after the firm’s investor Prosus confirmed the resignation of its representative Russell Dreisenstock from the board of the startup, the Netherlands-based technology investor on…

Prosus said Byju’s sits at the intersection of India and education, two very important and strategic areas of investment for Prosus. Prosus said Byju’s grew considerably since its first investment in 2018. Prosus NV, an…

Prosus NV, an investor in educational startup Byjus, on Tuesday said the troubled company's reporting and governance structure did not evolve sufficiently for a company of that scale and it "regularly disregarded advice" despite repeated…

Prosus NV, an investor in educational startup Byjus, on Tuesday said the troubled company's reporting and governance structure did not evolve sufficiently for a company of that scale and it "regularly disregarded advice" despite repeated…

In a scathing statement explaining why its representative resigned from the beleaguered edtech firm Byju’s board, Prosus, among the largest tech investors in India, said the decision to exit was taken after it became clear that the…

NEW DELHI: The promoters of Byju’s—Byju Raveendran, Divya Gokulnath and Riju Ravindranhave together sold shares worth around $408.53 million in 40 secondary transactions since 2015, data sourced from private market intelligence platform…

Byju's, which has a total valuation of about $22 billion, has been facing troubles since it missed deadlines to file audited financial accounts.Prosus NV cuts valuation of Byju's to $5.1 billion according to its annual reportA Delaware…

After a long time, it was Christmas at Byju’s as a US court rejected a plea by its Term Loan B (TLB) lenders to probe a $500-million transfer from the firm’s US-based subsidiary to other entities. Further, Byju’s claimed it had fully paid…