BlackBuck gets a valuation markdown ahead of IPO
Mon, Jul 8, 2024 8:21 PM

BlackBuck gets a valuation markdown ahead of IPO

A Flip by Shubhangi Gupta
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BlackBuck's valuation has been marked down ahead of its planned initial public offering (IPO). The Indian startup, valued at $1 billion or more in 2021, had joined the prestigious unicorn club during a period of high investor interest in the Indian market. The markdown comes as a setback, impacting the company's financial worth, and raises concerns about its upcoming IPO.

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