4 biggest foreign investors in Byjus make a ‘request’ to Supreme Court – Times of India

Major foreign investors in Byju’s have reportedly requested the Supreme Court to hear their concerns as the court deliberates on the future of the embattled education technology company. Byjus four biggest foreign investors include: General Atlantic, Prosus, Peak XV, and Sofina. The four companies collectively hold nearly 17% stake in Byju’s.In an August 25 filing,…

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HSBC to the Dutch technology company that invested $500 million in Byju’s: We assign zero value … – Times of India

Financial firm HSBC has cast serious doubt on the future of Indian edtech giant Byju’s, assigning zero value to Prosus’ nearly 10% stake in the company. This harsh assessment comes amidst Byju’s ongoing legal battles and deepening financial woes. Prosus is a Dutch-listed technology investment company. In a note to investors, HSBC highlighted multiple factors…

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