Prosus writes off its entire stake in Byju’s
In February, the Naspers-owned investment firm was among the key shareholders who called for an EGM to remove founder and CEO Byju Raveendran and family from the edtech company’s board.
24 June, 2024•2 min
0
24 June, 2024•2 min
0
Getting your Trinity Audio player ready...

More in Business
Business
Rahul Bhatia is IndiGo’s good, and bad, news
Investors have backed the founder’s move to ease out the airline’s CEO and take charge in the interim. But they should be worried about the airline’s dependence on him.
You may also like
Internet
Prosus bets long (perhaps too long) on ixigo investment
The technology investor’s move to pour Rs 2,000 crore into the online travel aggregator comes as a surprise. Can ixigo live up to the promise of becoming India’s next big travel platform?
Internet
Byju Raveendran accused of negotiating secret payments with Indian officials while claiming bankruptcy
Amid creditors’ allegations that the missing $533 million from a term loan is being quietly used to settle cases in India, Delaware bankruptcy court grants them unrestricted use of confidential documents to pursue the matter.
Internet
Karan Bajaj, the serial startup hustler, is back
The guy who preyed on your insecurities and sold coding classes for your kids is back to help your loved ones fight cancer. Don’t say we did not warn you.








