Byju Raveendran
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Tough lessons: Are Byju’s mass layoffs a sign of trouble for India's edtech sector?
Fp Explainers •In a post-pandemic world, where edtech companies are struggling to survive, Byju's has laid off at least 1,500 employees. While the company disputes the numbers, it says the move is part of its efforts to 'optimise' teams
Byju's CEO Byju Raveendran pumps 50% of $800 million in latest fundraise
•The company has raised fresh funds at an enterprise value of $22 billion, which has increased by about 22 per cent from the last disclosed valuation of $18 billion.
Fortune 40 Under 40: 2020 emerging leaders list includes Isha and Akash Ambani, Byju Raveendran, Adar Poonawalla
Fp Staff •The 2020 Fortune 40 Under 40 list highlights 40 influential people each across five categories — finance, technology, healthcare, government and politics, and media and entertainment from around the world.
Byju's brings down losses to Rs 9 cr in FY19; online learning app's revenue more than doubles to Rs 1,306 cr
•In a statement, Byju's said its net revenue increased from Rs 490 crore in FY17-18 to Rs 1,341 crore with a net profit of Rs 20 crore in FY18-19.
Forbes India Rich List: Mukesh Ambani retains top spot for 12th consecutive year, Gautam Adani jumps to second place
Fp Staff •Mukesh Ambani remains India’s richest for the 12th consecutive year, with $51.4 billion in wealth
Byju's founder, Raveendran polevaults into billionaire club with latest funding of $150 mn
Fp Staff •Founded in 2008 by Divya Gokulnath and former teacher Byju Raveendran, BYJU’S offers a learning app, was launched in 2015
Byju's valuation soars by $2 bn to $5.5 bn in ongoing Series F funding round; raises Rs 3,159 cr so far
Fp Staff •Qatar Investment Authority leads $150 mn funding in Byju's; new round financing to help company's plans for global expansion
•Byju's tripled its revenue to Rs 1,430 crore in FY18-19 and also turned profitable on a full-year basis.
Byju's acquires US-based Osmo for about Rs 850 cr; online start-up to offer customised, engaging solution for kids
•Osmo will continue as a standalone brand since Byju's taps the company's physical-to-digital technology and content to expand and enhance its current offering, Byju's said in a statement.
The story of Byju's: From a small village in Kerala to creating a global edutech startup from India
Naina •While Byju's Classes are quite popular, there is a little we've known about the man himself, who started his entrepreneurship journey way before the whole startup scene went mainstream. Byju Raveendran squeezed in some time for a quick chat with us, and here's the humbling story.