From $22bn to $1bn: BlackRock devalues BYJU'S by 95%
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BlackRock, a prominent asset manager, has slashed the valuation of BYJU'S by a staggering 95%, bringing it down from $22 billion to just $1 billion, as per Tech Crunch. This dramatic turn of events is a major setback for BYJU'S, which was once hailed as the epitome of success in India's start-up scene and the country's most valuable start-up.