Tuesday, May 30, 2023

Blackrock, a minority investor in Byju’s, cuts startup valuation to $8.4 billion

Blackrock, a minority investor in Byju’s, has yet again cut the valuation of its holding in the Bengaluru-based startup, this time to about $8.4 billion, even as the most Indian valuable startup continues to raise capital at a better price. Blackrock cut the value of Byju’s share by 62% in the quarter ending March this […]

Blackrock, a minority investor in Byju’s, cuts startup valuation to $8.4 billion by Manish Singh originally published on TechCrunch

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