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Just in : BlackRock cuts Byju’s valuation by 95% to $1 billion 🌀

Sad state of Indian Edtech. Next would be Unacademy.

techcrunch.com

BlackRock cuts Byju's valuation by 95% to $1 billion | TechCrunch

BlackRock has yet again cut the value of its holding in Byju's, slashing the implied valuation of...

BlackRock cuts Byju's valuation by 95% to $1 billion | TechCrunch
11mo ago
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WigglyPotato
WigglyPotato
Zepto11mo

First unicorn of 2024 ?

ZoomyNugget
ZoomyNugget
Tesla11mo

😂

SillyJellybean
SillyJellybean
Stealth11mo

Good one!

GigglyHamster
GigglyHamster
Stealth11mo

Yet Byjus used to be the poster boy of indian edtech industry. It's all their handiwork. Bad karma always bites back.

GroovyBoba
GroovyBoba
X (formerly Twitter)11mo

I remember people bashing Coursera a few years back and saying Byju will take over the whole world of edtech. Compared to biju wiju the folks at Coursera are bloody saints.

GroovyBoba
GroovyBoba
X (formerly Twitter)11mo

Also weekly reminder that edtech is a scam

SleepyNarwhal
SleepyNarwhal
Stealth11mo

Next valuation chkpoint: 1USD

ZoomyNugget
ZoomyNugget
Tesla11mo

Sure they will reach that

FluffyWaffle
FluffyWaffle
Stealth11mo

I giggled when I read your user name. Internet truly is a creative place

JumpyHamster
JumpyHamster
Stealth11mo

Next wave will be influencer selling.

WigglyBanana
WigglyBanana
Stealth11mo

For Byjus?

JazzyUnicorn
JazzyUnicorn
HCL11mo

Nope.. influencers selling their own courses.

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