Byju's became a unicorn in 2018 and reached a $22 billion valuation in 2022, emerging as India’s most valuable startup.
By 2024, BlackRock slashed Byju's valuation to $1 billion, a 95 per cent drop from its peak, while Prosus marked down its stake by 86 per cent, reflecting reducing confidence.
DealShare's trajectory from a promising startup to one of India's worst-performing companies in 2024 reflects a mix of strategic missteps, market challenges, and leadership instability.
The story "Unicorn boom or bust: India's best and worst performing startups in 2024" has 1754 words across 91 sentences, which will take approximately 8 - 15 minutes for the average person to read.
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