New Delhi 30 November 2023

As per news report of NDTV,In another blow to Byju's, tech investor Prosus cut the edtech startup's valuation to under $3 billion, 86% less than its peak valuation of $22 billion last year. After a rapid expansion during the Covid pandemic, Byju's has been struggling with cash-flow problems and is embroiled in a dispute with creditors over a $1.2 billion loan.

Source - NDTV

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