Prosus writes off its 9.6% stake in India’s Byju’s
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. Prosus cites the write off to “the significant decrease in value for …
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