U

BlackRock Cuts BYJU’S Valuation From $22 Billion To $1 Billion

2024 • 5min • News • Business

Informative

Published On: January 12, 2023 - US-based Investment firm BlackRock has slashed ed-tech company BYJU’S valuation to $1 billion. The firm has reduced BYJU’S valuation to $1 billion from $22 billion in 2022. Earlier, investment firm Prosus marked down the company valuation to less than $3 billion. Before this, in November last year, Prosus first slashed BYJU’S valuation to $5.97 billion. Join News9’s Shweta Kothari and Kartik Malhotra for more details on the story.