Dutch tech co writes off $500 mn investment in Indian co to 0

Byju's battles financial, governance, and legal issues amid Prosus' write-off. The Indian edtech company faces obstacles with NCLT orders, CEO removal disputes and funding restrictions. Prosus juggles successful investments in various Indian startups alongside Byju's struggles, highlighting the dichotomy within its portfolio.

Admin Admin Jun 28, 2024 1 0

Dutch tech co writes off $500 mn investment in Indian co to 0
Byju's battles financial, governance, and legal issues amid Prosus' write-off. The Indian edtech company faces obstacles with NCLT orders, CEO removal disputes and funding restrictions. Prosus juggles successful investments in various Indian startups alongside Byju's struggles, highlighting the dichotomy within its portfolio.
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