Wirecard Shortseller Targets India Edtech Byju’s – Morning Context

Activist investor Fraser Perring, who was early critic of Wirecard – the German payments company exposed as a fraud – and has taken a bet against Tesla, says Indian education technology (edtech) firm Byju’s is “unsound”, The Morning Context reported.

Perring’s next target is Sofina, the Belgian investment holding company that is a top-10 shareholder in the Bangalore-based Byju’s. “It’s not an edtech company,” Perring told the financial news website.

Read the full report: The Morning Context.

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George Russell

George Russell is a freelance writer and editor based in Hong Kong who has lived in Asia since 1996. His work has been published in the Financial Times, The Wall Street Journal, Bloomberg, New York Post, Variety, Forbes and the South China Morning Post.

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