prosus
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Trends
Byju’s In A Spot As Asset Sale Hangs In Limbo, Investors See Red
Just a few days ago, there was news that certain investors had called for a management and board shake-up; however,…
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Trends
After 22-Month Financial Silence, Byju’s, Former Unicorn Takes Drastic Measures, Slashes Valuation By 90% In Fundraising Bid
After a 22-month hiatus, Byju’s, once hailed as a unicorn, has finally submitted its FY22 financials to the Ministry of…
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Trends
Prosus Marks Significant Markdown For Byju’s And PharmEasy By $3 Billion And $118 Million Respectively
Prosus, a prominent global technology investment firm, has recently marked down the valuations of two major companies in its portfolio,…
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Stories
Is Byju’s End Near? After Prosus Slams Byju’s, Shareholder’s Revolt, Corporate Governence Issues And Struggle for Stability, Will Byju’s Be Able To Pull Through?
The troubles at Byju’s began when several key investors, including Prosus, decided to quit the startup’s board. In a scathing…
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Trends
BYJU’S Regularly Disregarded Advice”, Prosus Finally Comments On Board Exit
BYJU’S Regularly Disregarded Advice”, Prosus Finally Comments On Board Exit Byju’s, the Indian education technology firm, is facing mounting challenges…
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Trends
Swiggy In Loss- FY 2022-23: Startups Failing, Investors Do Not Seem To Learn
Swiggy, a Bengaluru-based foods along with grocery delivery company, had an enormous spike in losses during the fiscal year (FY)…
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Trends
Byju’s Faces Obstacles As Auditor Deloitte Says Goodbye.
According to reports, three members of Byju’s board of directors, as well as its official auditor Deloitte, have resigned, adding…
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Trends
Transaction Declined: Why Prosus scrapped the $4.7 billion PayU-BillDesk deal?
Prosus’ $4.7 billion acquisition of BillDesk was postponed a month after the merger was approved by the local antitrust watchdog,…
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STARTUPS
OLX Group invests up to $400M in used car marketplace Frontier Car Group at $700M valuation
Frontier Car Group, the Berlin-based startup building used-car marketplaces targeting high-growth, emerging markets, has picked up another significant round of…
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