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Prosus Nv

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US investor BlackRock slashes Byju's valuation by 95% to $1 billion

In November 2023, Netherlands-based tech investor Prosus NV marked down Byju's valuation to under $3 billion. Peerzada Abrar reports. Photograph: Dado Ruvic/Reuters BlackRock has again reduced......

Byju's in talks with investors to raise $300 mn in return for more controls

With investors asking for a change in the board structure at Byju’s, the edtech giant’s founder and chief executive officer (CEO), Byju Raveendran, is now asking them to put $300......

Raveendran puts Rs 4K cr own wealth into Byju's

Byju Raveendran, founder of educational technology (edtech) firm Byju’s, has injected around Rs 4,000 crore of personal capital into the company in recent months. Photograph: Kind courtesy,......

Byju's 'regularly disregarded advice': Prosus

Prosus NV, an investor in educational startup Byjus, on Tuesday said the troubled company's reporting and governance structure did not evolve sufficiently for a company of that scale and it......

PayU calls off $4.7 bn acquisition of BillDesk

Prosus NV, which owns PayU, has terminated a $4.7 billion (about Rs 38,400 crore) deal to acquire Indian payments firm BillDesk, saying certain conditions precedent were not met. IMAGE: Anirban......

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