4 biggest foreign investors in Byjus make a ‘request’ to Supreme Court
Major foreign investors in Byju’s have reportedly requested the Supreme Court to hear their concerns as the court deliberates on the future of the embattled education technology company. Byjus four biggest foreign investors include: General Atlantic, Prosus, Peak XV, and Sofina. The four companies collectively hold nearly 17% stake in Byju’s.
In an August 25 filing, which is not public but is said to have been seen by news agency Reuters, General Atlantic, Prosus, Peak XV (previously known as Sequoia Capital) and Sofina told the court that they “wish to present grounds pertaining to the issues” under consideration.