Tag: blackrock
Swiggy IPO: Swiggy IPO valuation at $11.2 billion; BlackRock, CPPIB, SBI MF, others subscribe to anchor book
Food and grocery delivery firm Swiggy’s initial public offering (IPO) will value the Bengaluru-based company at $11.2 billion, just a tad bit higher than its…
Byju Raveendran: A reset is on cards at Byju’s cap table post rights issue value cut
Byju’s proposed rights issue at a steep 99% cut to its peak valuation of $22 billion is likely to reset the captable at the financially-beleaguered…
Byju’s: Byju’s seeks $200 million in rights issue at $250 million valuation amid deep cash crunch
Troubled edtech firm Byju’s has kickstarted a right issue to raise up to $200 million, effective today, as per a notice sent to investors –…
aakash institute: Pai in the Sky: Ranjan to own 40% of Aakash
Ranjan Pai, chairman of Manipal Education and Medical Group, is set to emerge as the largest shareholder in Byju’s-owned Aakash Institute, with a 40% stake,…
udaan funding: Udaan valuation dives to $1.8 billion in down round
Business-to-business (B2B) ecommerce company Udaan’s valuation has fallen by nearly half to around $1.8 billion in a down round, marking one of the most precipitous…
Byjus: BlackRock, Invesco mark down Byju’s, Swiggy holdings as tech valuations correct
US investors marked down the value of their holdings in Byju’s and Swiggy last year, according to recent US filings. BlackRock slashed the value of…