BlackRock reduces Byju’s valuation to mere $1 billion ...Middle East

News room odisha - News

New Delhi: US-based investment firm BlackRock has once again cut the value of its holding in Byju’s, reducing the edtech major’s valuation to a mere $1 billion from $22 billion in early 2022. BlackRock, which owns less than 1 per cent of Byju’s, has valued its shares at about $209.6 apiece, down from the peak of $4,660 in 2022, reports TechCrunch. Byju’s did not immediately comment on the latest valuation cut. This isn’t the first time BlackRock has cut the worth of its holding in Byju’s. Investment firm Prosus, which owns nearly 9 per cent in Byju’s, has also marked down the value of its stake in Byju’s to less than $3 billion, representing a decline of more than 86 per cent from the previ

Hence then, the article about blackrock reduces byju s valuation to mere 1 billion was published today ( Friday 12/01/2024 - 08:41 AM ) and is available on News room odisha ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( BlackRock reduces Byju’s valuation to mere $1 billion )

Last updated : 12 January 2024 clock 08:41 AM

Also on site :

BlackRock reduces Byju’s valuation to mere $1 billion ...Middle East

Jude Bellingham consigue un doblete en tiempo extra que ilusiona a Inglaterra

Speedy completion of UAPA trials a challenge, says CJI Suryakant

Possible tuberculosis exposure reported at Cal State San Marcos

FIFA to sell pieces of World Cup final stadium pitch, could earn millions

Texas A&M lands commitment from 4-star LB in class of 2027

Emmy Nominations Roundtable: ‘The Pitt’ and ‘Hacks’ Dominate, But ‘Widow’s Bay’ and ‘Pluribus’ Are Waiting in the Wings

Ryan Helsley Expected To Avoid Elbow Surgery

Darius Acuff Jr. Shows Strong Potential in Kings Summer League Game

Trump suggests massive attack if Iran follows through on threat to kill him

Ukraine building Patriots is in Lockheed’s interest, McCaul says

Progressive House candidate responds to criticism over past comments about Black Dems

Magnus Carlsen, Luis Suarez in stands for Norway vs England FIFA World Cup 2026 quarterfinal

Amazon Shoppers Comfortably Walk Miles In These $19 'Wide-Feet Friendly' Strappy Sandals With 'Great Arch Support'

Britney Spears defends wild behavior in LA traffic: ‘Nothing is what it seems’

Argentina vs. Switzerland: Where to Watch the World Cup Quarterfinal Match Online