Prosus writes off investment in Byju’s; reports growth in Swiggy, PayU
Dutch investor Prosus Ventures has written off its $530-million investment in Byju’s, amid a legal standoff between the troubled online tutor and some of its once-enthusiastic institutional backers. Prosus and other investors in Byju’s, including PeakXV Ventures, General Atlantic and Sofina, are fighting a battle to oust Byju Raveendran as the chief executive of the … Read more