Byju's: A Billion Dollar Loss | Prosus Writes Off Entire Investment in BYJU's | N18V | CNBC TV18

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19.1 هزار بار بازدید - 6 ماه پیش - Tech investor Prosus marked down
Tech investor Prosus marked down the value of its shareholding in the beleaguered edtech BYJU’s to zero and wrote off its entire 9.6% stake in the company, the investor said on June 24.

“We impaired BYJU’S down to zero at the end of FY24…The fair value written down was $498 million for FY24,” Prosus said.

Byju’s fall from being India’s most valuable startup at $22 bn to seeing its valuation cut by 95% to barely $1 bn in under two years: Here’s the story of how it all unravelled for the once celebrated decacorn.

#byjus #startup #byjuraveendran #unicorn #cnbctv18

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6 ماه پیش در تاریخ 1402/10/23 منتشر شده است.
19,198 بـار بازدید شده
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