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theprint.in
Prosus slashes India's Byju's valuation to $5 billion
BENGALURU (Reuters) - Dutch-listed technology investor Prosus NV has slashed the valuation of troubled Indian edtech startup Byju's to $5.1 billion according to its annual report, a fall of more than
Jun 27, 2023
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Blackrock has slashed Byju's valuation by 62%. A huge drop from 22 billion to 8.4 billion dollars for the edtech unicorn. This comes just a month after the world’s largest AMC had cut the valuation to 11.5 billion dollars last month. Meanwhile, Fidelity Investments has slashed e-commerce site Meesho’s valuation by about 10%. Watch: https://youtu.be/Ymtnqf7BTZ0 | #byjuraveendran #EdTech #Startups #Investments #ValuationDrop #Byjus #Blackrock #Unicorn #Ecommerce #Meesho #FidelityInvestments | Busi
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BlackRock has marked down the value of its holding in Byju's, slashing the valuation of the edtech startup to a staggering $1 billion. This is a massive fall for Byju’s which became the world’s most valued edtech startup at $22 billion in 2022. Aishwarya Anand brings more details #blackrock #byjus #edtech #startup #education #technology #tech #valuation | CNBC-TV18
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