The valuation of Indian Ed-Tech Byju's was slashed from 22 billion U.S. dollars in October 2022 to a staggering low value of five billion U.S. dollars in June 2023. The markdown of Byju's by Prosus, its major non-promoter shareholder, reflects the growing financial distress faced by the startup. Other investors have also reduced the valuation of Byju's as compared to the previous year.
Valuation of Byju's by Prosus from October 2022 to June 2023
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Valuation in billion U.S. dollars
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TechCrunch. (June 27, 2023). Valuation of Byju's by Prosus from October 2022 to June 2023 (in billion U.S. dollars) [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1414179/byju-s-valuation/
TechCrunch. "Valuation of Byju's by Prosus from October 2022 to June 2023 (in billion U.S. dollars)." Chart. June 27, 2023. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1414179/byju-s-valuation/
TechCrunch. (2023). Valuation of Byju's by Prosus from October 2022 to June 2023 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1414179/byju-s-valuation/
TechCrunch. "Valuation of Byju's by Prosus from October 2022 to June 2023 (in Billion U.S. Dollars)." Statista, Statista Inc., 27 Jun 2023, https://www.statista.com/statistics/1414179/byju-s-valuation/
TechCrunch, Valuation of Byju's by Prosus from October 2022 to June 2023 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1414179/byju-s-valuation/ (last visited July 22, 2024)
Valuation of Byju's by Prosus from October 2022 to June 2023 (in billion U.S. dollars) [Graph], TechCrunch, June 27, 2023. [Online]. Available: https://www.statista.com/statistics/1414179/byju-s-valuation/