BYJU's, Meesho face valuation cuts as BlackRock and Fidelity Investments reassess their worth

BYJU's, Meesho face valuation cuts as BlackRock and Fidelity Investments reassess their worth

Meesho co-founders Sanjeev Barnwal (left) and Vidit Aatrey. Photo: Mint

Asset management firm BlackRock, which holds a minority stake in BYJU’S, has marked down its valuation to $8.4 billion, in yet another valuation downgrade for the edtech giant.

Edited by: Pramod Mathew

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