BlackRock slashes valuation of India's BYJU'S by 95% to $1b: TechCrunch

BlackRock slashes valuation of India's BYJU'S by 95% to $1b: TechCrunch

A man walks past an advertising hoarding of Byju's, an Education Technology company and one of India's biggest startup, outside one of its branch in New Delhi, India, June 23, 2023. REUTERS/Adnan Abidi/File Photo

BlackRock has yet again cut the value of its holding in Byju’s, slashing the implied valuation of the Indian education tech startup to $1 billion from $22 billion mark set in early 2022, TechCrunch reported on Friday, citing disclosures made by the asset manager.

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