BlackRock slashes its holdings in Byju by 95%

BlackRock, a major asset manager, has made a substantial reduction in the estimated value of its stake in Byju’s, an Indian edtech startup. The latest disclosure by BlackRock indicates a significant decrease from the startup’s valuation of $22 billion in early 2022 to approximately $1 billion. In comparison, at the end of October the previous […] source: https://www.cryptopolitan.com/blackrock-slashes-its-holdings-in-byju-by-95/