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Prosus Marks Down Valuation of Byju's

Prosus Marks Down Valuation of Byju's

Prosus, the global consumer internet group, has reportedly marked down the valuation of edtech company Byju's. The markdown indicates a reassessment of Byju's worth, potentially impacting its overall market value. While the exact reasons behind the markdown are undisclosed, it highlights the dynamic nature of the startup ecosystem & the potential influence of market conditions. The adjustment in valuation raises questions about the future growth trajectory of Byju's in the competitive landscape.

Read full story at Business Today

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