Tuesday, June 25, 2024

Dutch investor Prosus writes-off its $493M investments in Indian EdTech giant Byju's

Intro:

Dutch investor Prosus says its roughly half a billion dollars worth of investment in Indian EdTech giant Byju's is now worth zero.

This is the latest blow to Byju's which is facing allegations of financial impropriety and incompetent management.

Ishan Garg has more from New Delhi.

IN: Prosus says...
OUT: SOC
Duration: 42 seconds