Tuesday, July 16, 2024
Outlook.com
Outlook India
Outlook Business

Valuation Slash

The late-stage investment focussed firm slashed the edtech company’s valuation by nine per cent to $2.9 billion

Prior to this, Baron Capital lowered the company’s valuation to $6.7 billion as of June 2022.

With more than $10 billion in valuation, fintech giant PhonePe has entered the decacorn club and joined Swiggy, Flipkart, Paytm and Byju's