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Prosus zeroes out its 9.6% stake in Byju’s
Major investor Prosus has written off the worth of its 9.6% stake in edtech firm Byju's to zero, signaling a loss of confidence in the once-most valued Major investor Prosus has written off its 9.6% stake in Indian edtech firm Byju's to zero, signaling a loss of confidence in the once-promising startup.
Major investor Prosus has written off the worth of its 9.6% stake in edtech firm Byju’s to zero, signaling a loss of confidence in the once-most valued Indian startup. The human brain has long been a subject of fascination for art and science, which are now both mixed into “Brainstorms: A Great Gig in the Sky,” a new live interactive experience to the tune of Pink Floyd. Fisker was facing “potential financial distress” as early as last August, according to a new filing in its Chapter 11 bankruptcy proceeding, which the EV startup initiated earlier this week.…
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