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Prosus Marks Down BYJU'S Valuation To Under $3 Bn From Peak $22 Bn

In an unexpected turn of events, Dutch investor Prosus has marked down the value of its share in the once-thriving edtech behemoth BYJU'S, dealing a serious blow to the business. Due to this action, the company's valuation has dropped dramatically, from $22 billion to less than $3 billion, a dramatic 85% reduction. ....

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