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byju's

Global investment giant Prosus on Monday said it has written off the value of its shareholding in embattled edtech company Byju's, recording a loss of $493 million.

Global investment firm Prosus puts its investment in Byju's to zero at $493 mn loss

As per reports, the CEO has reportedly secured a private debt of approximately ₹30 crore to cover the March salaries of employees amidst financial challenges

Byju’s founder secures private debt as employees face delayed & partial salary payments amidst NCLT dispute

Two properties owned by Raveendran's family in Bengaluru and his under-construction villa in Epsilon were pledged to secure a loan of $12 million.

News

Global investment firm Prosus puts its investment in Byju's to zero at $493 mn loss

Byju’s founder secures private debt as employees face delayed & partial salary payments amidst NCLT dispute

Is Byjus nearing bankruptcy? EdTech founder Raveendran pledges his house to pay employees' salary