BlackRock and Invesco reduce Byju’s and Swiggy valuations as tech market corrects

  • BlackRock and Invesco have marked down their holdings in Byju’s and Swiggy.
  • BlackRock has cut Byju’s valuation by almost 50%.
  • Invesco has decreased Swiggy’s stake value by more than 23%.
  • This is due to corrections in the tech market.
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