Prosus Tags BYJU’S Fair Valuation At $5.98 Bn

Inc42 LogoInc422 mo ago

Prosus Tags BYJU’S Fair Valuation At $5.98 Bn - Inc42

Quick Summary:

In its half-yearly report, the Netherlands-based investment group Prosus has tagged edtech giant BYJU’S valuation at $5.98 Bn.

However, BYJU’S is yet to raise a down round, pointing to the influence it holds in the market that is poised to reach $10.4 Bn in size by the end of 2025.

The fair value of BYJU’S investment, subsequent to the loss of significant influence, is $578 Mn,” Prosus said in its report.

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Prosus Tags BYJU’S Fair Valuation At $5.98 Bn - Inc42 (Picture 1)


Article Details

Author / Journalist: Hemant Kashyap

Category: Startups



Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-11-24 @ 05:57:22 (2 months ago)

News Timezone: GMT +5:00

Ranking: #43 (out of 2740 stories this day)

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Language: English

Article Length: 463 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 23 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Inc42

News ID: 1902852

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