Prosus slashes India's Byju's valuation to $5 billion
1:58
wionews.com
Prosus slashes India's Byju's valuation to $5 billion
Dutch-listed technology investor Prosus NV has slashed the valuation of troubled Indian ed-tech startup Byju's to $5.1 billion according to its annual report, a fall of more than 75% from the startup's $22 billion valuation last year.
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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 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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24 reactions | Byju's valuation freefall sparks shareholder push for leadership change Troubles mount for Byju Raveendran Shivan Chanana tells you more Watch more at wionews.com/videos | WION | Facebook
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Prosus slashes India's Byju's valuation to $5 billion
Prosus slashes India's Byju's valuation to $5 billion
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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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24 reactions | Byju's valuation freefall sparks shareholder push for leadership change Troubles mount for Byju Raveendran Shivan Chanana tells you more Watch more at wionews.com/videos | WION | Facebook
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24 reactions | Byju's valuation freefall sparks shareholder push f…
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Prosus slashes India's Byju's valuation to $5 billion
Prosus slashes India's Byju's valuation to $5 billion
Jun 27, 2023
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2.3K views · 12 reactions | Hit by one crisis after another in the last 2 years, Byju's has seen a dramatic drop in its valuation even though it was once India's most valuable startup. What were the reasons for these markdowns? Arundathi Ramanan with more #Byju #valuation #Prosus #BaronCapital #IPO | CNBC-TV18 | Facebook
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