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Byju's Valuation Slashed To $1 Billion By BlackRock

US-based investment fund BlackRock Inc. has marked down the fair value of its investments in Byju's again, causing the beleaguered startup's valuation to plummet to $1 billion.

In a filing on Jan. 5, BlackRock Global Allocation Fund valued one share of Byju's parent, Think & Learn Pvt., at about $209.5 apiece. BlackRock holds a 0.9% stake in the company, which implies a valuation of $1 billion, down from its peak $22 billion valuation. ....

Blackrock Global Allocation Fund , Blackrock Inc , Learn Pvt , Byju Raveendran Led , Byju X27s Valuation ,

Velocity Launches Rs 300 Crore Fund for B2B SaaS Growth

Velocity , a platform specializing in revenue-based financing, has introduced a Rs 300 crore growth-oriented. ....

Saurav Swaroop , Peter Thiel Valar , Abhiroop Medhekar , Atul Khichariya , French Crown , Peter Thiel , Saas Businesses ,

startup funding: ETtech Deals Digest: Startup funding falls 70% to $102 million this week

Investments in startups dropped about 70% on year due to the funding squeeze, totaling $102.1 million across 26 different deals. Companies raised about $288 million from January 6 to 12, 2023. ....

Ashish Kacholia , Technology Leadership , Offering College , Senior Management Programme , Certificate Programme In Data Science Machine , Tech Prowess , High Value Skill , Data Science , Stride Ventures , Startup Funding , Ettech Deals Digest , Venture Capital ,

LAS VEGAS, U.S. Nearly 500 startups from South Korea set up booths at Eureka Park, a competitive arena at the CES tech trade show in Las Vegas that ....

South Korea , Las Vegas , Eureka Park , Ces S ,

BBCNEWS BBC News June 4, 2024 23:52:00

The second prototype. cheering. applause. that was relatively quick, but that s not how it s going to be in the end? this is only going down to three metres, so it should actually only take a couple of minutes to go down. in the field, the whole thing would be a ten minute cycle. the aim is for it to be buried, to go into that long carbon cycle. it s sort of like saying, we re making the oil of the future. anything that was oil was once marine biomass. so it makes a lot of sense to us to start using that as one of the pathways that you could use to get to large scale carbon dioxide removals, but also unlock this tremendous opportunity, but also this tremendous need to rebalance our atmosphere. it s a startup in its infancy, and one company alone cannot solve the problem. ....

The End , The Field , Carbon Cycle , Carbon Dioxide Removals ,