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Prosus cuts India's Byju's valuation to under $3 billion

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Prosus cuts India's Byju's valuation to under $3 billion

Tech investor Prosus NV said on Wednesday it was valuing Indian education firm Byju's at under $3 billion, 86% less than its peak valuation of $22 billion last year, after the company struggled with governance and cash-flow problems.

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Prosus cuts India's Byju's valuation to under $3 billion

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Prosus cuts India's Byju's valuation to under $3 billion

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