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Byju’s Valuation Slashed by BlackRock, Now Stands at $8.4 Billion, a 62% Reduction

Nidhi Mishra -
BlackRock, the global investment management corporation, has once again revised its valuation of Indian edtech giant Byju's, reducing it by a significant 62%. The...
Business

Meesho’s Valuation Revised Downward: Fidelity Investments Cuts it by 10% to $4.4 Billion

Nidhi Mishra -
Fidelity Investments, a prominent global investment firm, has reduced the valuation of Meesho, an Indian e-commerce reselling platform, by 10%. The revised valuation now...
Business

Ambani-Backed EV Manufacturer Targets $85 Million Funding, Aims for $359 Million Valuation

Nidhi Mishra -
Aiming to accelerate its ambitious plans in the electric vehicle (EV) industry, an EV manufacturer backed by Indian business magnate Mukesh Ambani is seeking...
Business

Tiger Global to Invest in Rajasthan Royals at Estimated Valuation of $650 Million

Nidhi Mishra -
Tiger Global, a leading global investment firm, is set to make a significant investment in the Indian Premier League (IPL) franchise Rajasthan Royals. The...
Business

Blackstone Acquires International Gemological Institute at $570 Million Valuation

Nidhi Mishra -
Blackstone, a leading global investment firm, has completed the acquisition of the International Gemological Institute (IGI) at a valuation of $570 million. The acquisition...
Bank

US Investor Vanguard Marks Down Ola’s Valuation by 35% to $4.8 Billion

Nidhi Mishra -
New York, May 11, 2023 - Vanguard, a prominent US investment firm, has reportedly marked down the valuation of Ola, one of India's leading...

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