Prosus slashes Indian edtech giant Byju’s valuation to ‘sub-$3 billion’

Prosus has marked down the valuation of Byju’s, India’s most valuable startup, to below $3 billion, the investment giant’s executives said on an earnings call Wednesday even as they asserted that they remain bullish on the opportunities in the South Asian market. The Bengaluru-headquartered startup, which has raised over $5 billion in equity and debt […]
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