BEAMSTART Logo

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.


More Pictures

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

or

Article Details

Author / Journalist: Hemant Kashyap

Category: Startups

Markets:

Topics:

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)

News Source URL: inc42.com

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

View Article Analysis

About Inc42

Inc42 Logo

Main Topics: StartupsBusiness

Official Website: inc42.com

Update Frequency: 6 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #52

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "Prosus Tags BYJU’S Fair Valuation At $5.98 Bn" has 463 words across 21 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "Prosus Tags BYJU’S Fair Valuation At $5.98 Bn" was covered 2 months ago by Inc42, a news publisher based in India.

How trustworthy is 'Inc42' news outlet?

Inc42 is a fully independent (privately-owned) news outlet established in 1975 that covers mostly startups and business news.

The outlet is headquartered in India and publishes an average of 6 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #1902852
  • URL: https://beamstart.com/news/prosus-tags-byjus-fair-valuation-16692697454482

BEAMSTART brings you the latest news, database, and jobs from all around the world on startups, technology, and business. Stay updated with industry news, plug-in to exciting community events, and discover incredible career opportunities with the world's most innovative companies.

© Copyright 2023 BEAMSTART. All Rights Reserved.