Byju's from India faces a 99% Valuation Drop: A deep Dive into the Edtech Giant's Struggle for $200M at a $225M Valuation
Byju's, once celebrated as a beacon of success in the edtech sector, is now grappling with a dramatic downturn. The Indian edtech decacorn, founded by Byju Raveendran in 2011, is currently seeking $200 million in funding at a drastically reduced valuation of $225 million, a stark contrast to its previous valuations.
The French startup Naboo, likened to the Booking.com for corporate seminars, has successfully raised €9 million in funding. This investment round was led by ISAI and Kima Ventures, with participation from Better Angle, CapHorn, and Maif Avenir. Naboo's innovative platform is designed to streamline the process of organizing corporate seminars,

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