BlackRock reduces Byju’s $1 billion valuation by 95%.
The largest asset manager in the world, BlackRock, has cut the implied valuation of the failing edtech company Byju’s to roughly $1 billion, a decrease of more than 95% from $22 billion at the time of its most recent fundraising in October 2022. For the third time in 2023, BlackRock reduced the valuation of its … Read more