Impact of valuation markdown will only be clear in next funding round
Fri, Jun 2, 2023 7:58 PM

Impact of valuation markdown will only be clear in next funding round

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Eruditus will not know the impact of the ongoing valuation markdown until it goes for the next funding round, said founder and CEO Ashwin Damera, discussing the possible repercussions after the US-based The Private Shares Fund slashed the fair value of the edtech unicorn by 9 percent in the March quarter.

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