The National Company Law Tribunal (NCLT) has admitted to BCCI's petition seeking insolvency proceedings against troubled ed-tech firm Byju's. Byju's had a sponsorship contract with BCCI for the Indian cricket team.

BCCI drags Byju's to bankruptcy proceedings

Prosus, a major Dutch investment firm, has written off its 9.6% stake in Indian ed-tech giant BYJU’s, recording a fair value loss of 493 million dollars. This write-off comes after Prosus invested $500 million in BYJU’s, marking one of the largest bets in India’s ed-tech sector.

Prosus records $493 mn loss on BYJU’s investment

Dutch investment firm Prosus has written off its 9.6 per cent stake in Byju's, recording a fair value loss of 493 million dollars. Prosus had invested $500 million in Byju's, marking one of the largest ed-tech bets in India.

Is Byju’s ‘written off?’ Prosus writes off Byju’s stake, citing $493 million in losses

A major shake-up is brewing at India's troubled EdTech giant, Byju's. Shareholders, including prominent investor Prosus, are leading a revolt, demanding a change in leadership amidst a series of crises. Once valued at $22 billion in 2022, Byju's has recently faced a series of challenges, including resignations from its auditor Deloitte and board members.

Byju's valuation freefall sparks shareholder push for leadership change

A coalition of prominent shareholders, led by tech investor Prosus, is ramping up its push to oust the founders of Indian edtech giant Byju's and initiate a leadership overhaul.

Prosus-led shareholders push for leadership change at Byju's: Report

Investor Prosus NV said on Monday a $4.7 billion deal to buy BillDesk, which would have been one of the largest in India's financial technology sector, was "terminated", saying conditions of the deal had not been met.

Prosus scraps $4.7 billion BillDesk deal, one of India's biggest

Prosus, the Dutch-based technology giant, has raised its unsolicited cash offer for British food delivery service Just Eat to $6.5 billion, ratcheting up pressure on rival suitor Takeaway, it said on Monday.

Prosus raises bid for Just Eat, pressure now on rival Takeaway

Prosus held firm on its $6.3 billion offer to buy Just Eat on Monday as it argued the merits of its bid versus one from Takeaway.com for the British online takeaway delivery firm.

Prosus sticks with $6.3 billion Just Eat bid but lowers threshold

prosus

Prosus, News on Prosus, stories on Prosus, articles on Prosus, Prosus stories at Wion, Prosus news, Prosus latest news