Prosus slashes BYJU'S valuation to under $3b, 86% lower than its peak valuation

Prosus slashes BYJU'S valuation to under $3b, 86% lower than its peak valuation

Byju’s founder Byju Raveendran. Photo: Mint

Netherlands-based technology investor Prosus on Wednesday said it values the beleaguered edtech firm BYJU’S at less than $3 billion, an 86% decline from its peak valuation of $22 billion last year.

Edited by: Joymitra Rai

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