US investors slash valuation of Byju's by 62%, Meesho by 10%
Blackrock, which manages over $10 trillion in assets, had first entered Byju's roster of marquee investors at a $12-billion valuation in 2020.
byjus valuation
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Byju's had earlier claimed that the rationalised growth between FY21 and FY20 is a result of the changes made in the way the company recognises its revenue.
Byju's valued at $22 bn after fresh $800 mn funding
Founder & CEO Byju Raveendran has invested $400 million in this round in his personal capacity. Co's total fund tally now stands close to $5 billion.
