Not scared of valuation markdown as there is no science behind it: BYJU’S Raveendran
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After US-based asset manager BlackRock slashed the valuation of the edtech major earlier this month, BYJU’S founder and CEO Byju Raveendran said that he is not worried about the valuation. He said, “I think the media is more worried about the valuation than any of us. Why should we be worried about valuation, we are not selling anything. We have been buying more and more. We have been increasing the ownership in the company."