PharmEasy's investor slashes its valuation days after Byju's markdown
This markdown has followed PharmEasy's failure to Rs 1,000 crore in equity and its violation of loan covenant terms with Goldman Sachs.
Source: freepressjournal.in
📰 Pine Labs News
Page 26 - Pine Labs News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from Pine Labs. Real-time updates on events, politics, business and more.
Blackrock cuts Byju's valuation by 62% to $8.4 billion
Blackrock has yet again cut the valuation of its holding in Byju's, this time valuing the $22 billion startup at $8.4 billion.
Source: techcrunch.com
Foreign Investments Into Indian Startup Ecosystem Fall by 72% In 2023 So Far: Report
So far this year, foreign investment in India’s startups has plummeted 72% to $4.58 billion. The startups had raised $16.2 billion during the same period last year. The number of deals also fell from 852 to 241, Business Standard reported.
Source: thewire.in
BlackRock Slashes BYJU'S Valuation BY 62% To $8.3 Bn
BlackRock, which owns less than 1% stake in the edtech unicorn, has again slashed BYJU’S valuation by 62% to $8.3 Bn
Source: inc42.com
Blackrock, A Minority Investor In Byju's, Lowers Starting Valuation To $8.4 Billion » WhatsNew2Day
Blackrock, a minority investor in Byju's, has again downgraded its stake in the Bengaluru-based startup, this time to around $8.4 billion, even as the most
Source: whatsnew2day.com
Private Shares Fund marks down Eruditus' fair value by 9%; valuation stands at $2.9B
The decrease in value of the US fund's stake in the edtech company has resulted in Eruditus being valued at $2.9 billion, which is a decline from the $3.2 billion valuation when it raised $650 million in August 2021.
United States Neuberger Berman Ashwin Damera Exchange Commission Private Shares Fund Special Purpose Vehicle
Source: yourstory.com
Baron Capital cuts Swiggy's valuation for second time in 3 months
Swiggy investor Baron Capital cut the food delivery firm's valuation by 10% on March 31, 2023. The US fund holds about 0.75% stake in the company.
Neuberger Berman Sriharsha Majety Exchange Commission Baron Emerging Markets Fund Baron Capital Baron Emerging Markets
Source: yourstory.com
Editor's take: The week that was — May 15-20
Two of Southeast Asia's largest tech companies turned in their financial scorecards in the week that went by.
Source: dealstreetasia.com
Swiggy Claims Food Delivery Profitability: Is That The Full Picture?
Swiggy's claim of profitability in food delivery is curious for several reasons including its timing ahead of Zomato's FY23 results
Source: inc42.com