{"id":820529,"date":"2024-06-10T11:05:18","date_gmt":"2024-06-10T05:35:18","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=820529"},"modified":"2024-06-10T11:51:18","modified_gmt":"2024-06-10T06:21:18","slug":"prosus-stake-in-byjus-worth-zero-hsbc-2","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/06\/10\/prosus-stake-in-byjus-worth-zero-hsbc-2\/","title":{"rendered":"Prosus stake in Byju\u2019s worth zero: HSBC"},"content":{"rendered":"<p>Dutch-listed technology investment firm Prosus&#8217; nearly 10% stake in Byju&#8217;s has no value, HSBC said, alluding to a deepening cash crunch and legal battles at the troubled Indian edtech firm. <\/p>\n<p>&#8220;We assign zero value to Byju\u2019s stake amid multiple legal cases and funding crunch,&#8221; HSBC said in a note on May 21. \u201cPreviously, we valued around 10% stake in Byju\u2019s by applying (an) 80% discount to the latest publicly disclosed valuation.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Dutch-listed technology investment firm Prosus&#8217; nearly 10% stake in Byju&#8217;s has no value, HSBC said, alluding to a deepening cash crunch and legal battles at the troubled Indian edtech firm. &#8220;We assign zero value to Byju\u2019s stake amid multiple legal cases and funding crunch,&#8221; HSBC said in a note on May 21. \u201cPreviously, we valued around 10% stake in Byju\u2019s by applying (an) 80% discount to the latest publicly disclosed valuation.\u201d<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-820529","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/820529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=820529"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/820529\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=820529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=820529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=820529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}