Byju's eyes $200 million at 99% valuation cut
India Business News: MUMBAI: Troubled edtech startup Byju's has launched a rights issue to raise $200 million from existing investors at a valuation of $225-230 million, a.
Source: indiatimes.com
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BlackRock slashes Byju's valuation to $1 billion, down 95% from $22 billion, says report
The downgrade is not too surprising. In October 2023, BlackRock had valued Byju’s shares at around $209.6 each, a significant drop from the peak of $4,660 in 2022.
Source: livemint.com