Today: July 18, 2024
Today: July 18, 2024

Prosus writes off its 9.6% stake in India's Byju’s

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Illustration shows Byju's logo
July 03, 2024
Reuters

BENGALURU (Reuters) - Tech investor Prosus NV said it has written off the fair value of its 9.6% stake in Indian edtech firm Byju's during the financial year 2024, making the Dutch firm the first to fully write-off its investment in the troubled startup.

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