BYJU’S Valuation Slips: Prosus Marks Down Valuation To Below $3 Billion

Published On: November 30, 2023 - Netherlands-based tech investor Prosus marks down BYJU’S valuation to below $3 billion. The edtech major’s valuation is down over 86% from the earlier $22 billion. In addition, while Prosus listed BYJU’S and PharmEasy as ‘large underperformers’ in its India portfolio, it noted that businesses such as Swiggy, PayU, Meesho are doing well. Watch News9’s Kartik Malhotra in discussion with Barnik Chitran Maitra, Managing Partner of Arthur D Little, India & South Asia.