Prosus foregoes $578-mn worth stake in Byju’s

New Delhi: Dutch investment firm Prosus has written off $578 million (Rs4,800 cr) that it invested in edtech firm Byju’s, the company said on Monday. In September 2022, Prosus had lost significant influence on Think and Learn, which owns Byju’s brand, as its stake in the edtech firm came down to 9.6 per cent.