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The round will reportedly be at a post-money valuation of $220-250 million, a 99 per cent drop from a peak of $22 billion fetched during its last equity funding round in 2022. The Nassau County International Cricket Stadium has hosted two matches so far in the ongoing T20 World Cup and interestingly, both turned out to be a low-scoring affair. The surface is on the slower side and the outfield is not fit for the players. The ball is having trouble crossing the fence and that has drawn a lot of criticism. Byju’s is raising $200 million through a rights issue from existing shareholders, which the investors have objected to, as it would force them to pump in more money or the value of their existing shares would depreciate. 14.95 Life Style, Culture, Travel More BCCI sold the IPL rights for Rs 16,347 crore for five years in 2017. In 2022, the rights were sold for another five years at Rs 48,390 crore, at triple the value. The bilateral cricket media rights were sold for Rs 6,193 crore in 2018. The current cycle’s rates will highlight how much impact cricket IPL’s soaring popularity has had on the valuation of other cricket formats of T20I, ODI and Test matches. more helpful hints.

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