HomeStartupsProsus stake in Byju’s worth zero: HSBC

Prosus stake in Byju’s worth zero: HSBC

Published on

spot_img
msid 110775955,imgsize 16744

This comes at the time of Byju’s controversial $200 million right issue at 99% discount to its peak valuation of $22 billion, meaning any investor not investing in the rights issue will see its holding wiped off.

Latest articles

JioTag Air launched in India: Now easily track everything from pets to keys. Check price, features, availability

Reliance Jio has launched the JioTag Air, an affordable asset tracker priced at Rs...

Fintech the cornerstone to help India achieve financial inclusion: Economic Survey 2023-24

Highlighting the role played by government-promoted open platforms and fintech players in the country’s...

The data that powers AI is disappearing fast

Web data restrictions impact AI models like ChatGPT. MIT's study finds 25% of top-quality...

Edtech startup Bluelearn shuts shop, to return 70% of capital to investors

Bluelearn, a well-funded upskilling platform, has announced its shutdown and plans to return 70%...

More like this

JioTag Air launched in India: Now easily track everything from pets to keys. Check price, features, availability

Reliance Jio has launched the JioTag Air, an affordable asset tracker priced at Rs...

Fintech the cornerstone to help India achieve financial inclusion: Economic Survey 2023-24

Highlighting the role played by government-promoted open platforms and fintech players in the country’s...

The data that powers AI is disappearing fast

Web data restrictions impact AI models like ChatGPT. MIT's study finds 25% of top-quality...