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India's most valuable startup once valued at $22B has its valuation cut by 99%

Posted on 1/29/24 at 2:59 pm
Posted by rickgrimes
Member since Jan 2011
4180 posts
Posted on 1/29/24 at 2:59 pm
quote:

Byju's has raised $5B, was planning to SPAC at $40B ~2 years ago.

Today, they are trying to raise at a $20-25M pre-money valuation (if info below is correct).

Huge fall for what was India's most valuable edtech startup, will wipe a lot of equity.




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