At just 39, Byju is the youngest billionaire on the list this year with $3.08 billion cumulative wealth to his name along with his wife Divya Gokulnath. Byju Raveendran, the founder and CEO of BYJU’S The Learning App explains how his product plays an important role in making Jubair’s dream a reality, “BYJU’S . Read more about Byju Raveendran, a 37-yr-old former teacher, is India's newest billionaire on Business Standard. Billionaires Try Opposite Paths for Online Education in India", "Byju's on way to turn India's first education based unicorn, CEO [Byju Raveendran] on how he turned it into mammoth online venture", "How Byju built the world's highest-valued edtech company", "Byju Before BYJU's: The Making Of The World's Most Valuable Edtech Company", "Ed-tech startup Byju's raises $75M from Sequoia, Sofina", "Byju Raveendran: From a Malayalam school to an app with Zuckerberg funding", "2 lakh to 3300 crore: The BYJU's Classes success story", "Byju's targets Rs 1300 crore revenue next year", "Byjus' CEO targets entry into unicorn club; aims to turn profitable in FY18", "Why Byju Raveendran's firm is leading in the educational technology space", "India's largest edu-tech startup was built by an engineer who aced CAT for fun—twice", "How Byju's fills the biggest gap in Indian education", "Byju's Group: The World Is His Classroom", "How Are India's Biggest EdTech Startups Winning Students? He pursued B.Tech in Mechanical Engineering from a Government Engineering College in Kannur, Kerala. Byju’s is reportedly looking to raise $200 million in a fresh funding round from American investment firms BlackRock and T. Rowe Price at a valuation of $12 billion. [6][7] The company with a valuation of $11.1 billion,[8][9] is a leading market player with highest market share in India's growing EdTech space. [1][26], In August 2015, after 4 years of developments, the firm launched Byju's: The Learning App.[27][24][28]. [53], Whitehat Jr, Byju's subsidiary went to court against its critics and got injunction orders against Aniruddha Malpani[54], Byju's was ordered to pay ₹52,000 as compensation to Dinesh Kumar of Aminjikarai. Byju's also acquired Indian startup WhiteHat Jr for $300 million. At BYJU… [20][13] It also planned to launch an international version of the app for English-speaking students in other countries. [18][19] In 2019, the company announced that it would launch its app in regional Indian languages. He received his primary education from a local school of Azhikode, Kerala. Originally lived Byju Raveendran, from a small village in Kannur district, Kerala, Malayalam language school where both parents were teachers. byju raveendran house; byju raveendran facebook; In an interview he said that although his parents were teachers, they never forced him to study well. Welcome to BYJU’S - The Learning App, India’s largest online learning program! Hear and learn from Byju Raveendran, the man who made online classes fun, years before COVID, at the Global Trends Festival 2020 In India, 47% of … The concepts are taught by some of India’s best teachers — including Founder and CEO, Byju Raveendran. Byju Raveendran is an Indian entrepreneur. [55], India-based Educational technology and online tutoring, Deloitte Technology Fast 500 Asia Pacific, "Decoding Byju's Journey From Start-up to Unicorn", "After turning exam prep into a booming business, India's newest unicorn is going global", "Byju's value at $5.4bn via new $25m round", "Why India's ed-tech firm Byju's paid $120 million for kids AR game maker Osmo", "Byju's is undergoing a deal to acquire India's leading brick and mortar educational institute Aakash Educational Services Limited for $1 Billion (7,300 Crore INR)", "Zuckerberg or Gates? By Treating It Like A Game", "Byju's looking at regional languages and international markets for growth", "Why ed-tech startup Byju's will build, not buy, for its global expansion", "Byju's targets global expansion for its digital education service after raising $540M", "Disney. As a result, he began his professional career as a teacher on the roof of a friend's house, where he taught the tips and tricks to solve mathematical skills problems quickly. Revival of the economy, which has been badly bruised by the pandemic, is another challenge that he faces. Since childhood, Byju has been interested in sports. Positioned in the large, fast growing and resilient education market in India, BYJU’S aims to build long-term trust with its customer base by offering an innovative, unique and personalized learning experience. Instead, his father pushed him into the sport that he could perform six different sports at the university level, including soccer, cricket, table tennis and badminton. [14], Academic subjects and concepts are explained with 12-20 minute digital animation videos. That deal conferred a value of $5.7 billion on the company in which the founder owns more than 21%, people familiar with the matter said. [10][11] It was launched in August 2015,[12] offering educational content for students from class 4 to 12. and In 2019 Early learning program has started for class 1 to 3. Byju's Early Learn App Now Offers Learning Programs For Kindergarten Kids In India", "How 8 students helped Byju Raveendran build his multi-crore edtech business", "Overseas expansion, acquisition on Byju Raveendran's mind", "Deloitte Technology Fast50 India 2017 Ranking", "Reinventing the classroom, says Byju Raveendran of Byju's: The Learning App", "Byju's new gamified app wants to make studying Maths real fun for students", "Parent connect app will track the child's learning journey, says Byju's CEO", "Indian teaching startups make work for idle thumbs", "BYJU's to replace Oppo on Team India jersey", "Byju's buys Pearson's TutorVista, Edurite in push for global expansion", "*Byju's acquires TutorVista, Edurite from Pearson", "Byju's acquires TutorVista and Edurite from Pearson", "Byju's acquires US-based Osmo for $120 million", https://economictimes.indiatimes.com/small-biz/startups/newsbuzz/byjus-acquires-mumbai-based-edtech-firm-whitehat-jr/articleshow/77378868.cms, "Byju's to Pay $1 Billion for Blackstone-Backed India Tutor", "An entrepreneur at heart, Ranjan Pai is the new king of India's healthcare industry", "Here's how edutech startup Byju's quietly turned into a unicorn company", "CPPIB, General Atlantic & others back Byju's in Naspers-led mega funding round", "Priscilla Chan and Mark Zuckerberg aim to 'cure, prevent and manage' all disease", "Byju's Raises $50M Co-led by Chan Zuckerberg Initiative", "How this start-up shrugged off a slowdown and snagged cash from Mark Zuckerberg", "The Rise Of India's Billion-Dollar Club: Edtech Startup BYJU'S Turns Unicorn", "Mary Meeker's Bond backs Indian online learning startup Byju's – TechCrunch", "BCCI announces Byju's as Indian cricket team's new sponsor for three-year period - Firstcricket News, Firstpost", "Byju's ups revenue to Rs 490 cr in FY 18, drops losses by half", "Byju's is now a decacorn with the latest investment from Mary Meeker's BOND", "കേരള ബ്ലാസ്റ്റേഴ്സിൻെറ ടൈറ്റിൽ സ്പോൺസറായി ബൈജൂസിനെ പ്രഖ്യാപിച്ചു", "Edtech firm Byju's to raise $200 million at $12 billion valuation", "Byju's WhiteHat Jr agrees to withdraw ads after ASCI flags code violation", "Who Is Wolf Gupta? As of 2019, Byju's had secured nearly $785 million in funding from investors, including, In June 2020, Byju's attained the decacorn status with an investment by. But, the classes started one month later in January 2017 at Anna Nagar with no infrastructure and no faculty, and the venue was changed thrice. The app caters to students from kindergarten to … This page was last edited on 23 January 2021, at 13:56. Byju's is an education tutoring app that runs on a freemium model,[10] with free access to content limited for 15 days after the registration. [32] Shah Rukh Khan is the brand ambassador for Byju's. Byju’s is an Indian educational technology (edtech) and online tutoring firm founded in 2011 by Byju Raveendran. Byju Raveendran was born in 1980 (age 39 years; as in 2019) in Azhikode, Kerala. With increased brand awareness and strong adoption among students, Byju… NA. [6][1] Raveendran, who was trained as an engineer, started coaching students to pass mathematics exams in 2006. Byju’s was founded by Byju Raveendran, a former teacher and the son of educators, who conceived the smartphone app in 2011. Although his parents were teachers, they always emphasized the importance of sports and encouraged him to try o… In 2017, Think and Learn launched Byju's Math App for kids and Byju's Parent Connect app to help parents track their child's learning course. The app has classes from India's best teachers including Founder CEO, Byju Raveendran, using state of the art technology for visualization. Some Lesser Known Facts About Byju Raveendran. Biden enters the White House with the top challenge to lift the country from the devastation of a raging pandemic that has killed more than 400,000 Americans and thrown millions into economic distress. The company with a valuation of $11.1 billion, is a leading market player with highest market share in India's growing edtech space. 2. [29][30] By 2018, it had 1.5 crore (15 million) users and 9,00,000 paid users. [24][25] In 2012, Think and Learn entered both Deloitte Technology Fast 50 India and Deloitte Technology Fast 500 Asia Pacific ratings and has been present there ever since. Slowly when the strength of the student raise his teaching place changed from friends house to classroom and then to an auditorium. Leveraging Deep Knowledge Graphs to develop personalized learning . A perfect blend of engaging video lessons and personalised learning, the app is designed to help students practice, learn and understand concepts in an in-depth and easy-to-grasp manner. The Co-founder of Byju’s takes HerStory down the fascinating and life-altering path she took when she came to meet Byju Raveendran at 21. [13][31] In July 2019, Byju's won the sponsorship rights for the Indian cricket team jersey, replacing its former sponsor Oppo. [13] It also trains students for examinations in India such as IIT-JEE, NEET, CAT, IAS and international examinations such as GRE and GMAT. Talking about brand BYJU’S journey so far, Byju Raveendran talked about how the learning app could make a mark for itself globally and about the contribution each BYJUite and team member could make in its success. They often claimed his age to be between 6–14 years who got job offers worth crores in multiple posters. As per an interview with Byju Raveendran conducted by Forbes India, he emphasized that the heart of the BYJU’S personalization engine would be its extensive learning profile. The core philosophy of BYJU’s is to inspire a lifelong love of learning. BYJU'S in-house R&D team of 600+ members have completely developed the app in house and are constantly working on making it even more engaging and effective. Byju’s is an Indian educational technology (edtech) and online tutoring firm founded in 2011 by Byju Raveendran. As the evening approached, Byju Raveendran took to the stage with words of motivation and encouragement for every BYJUite. (L-R) Neeraj Vyas of Sony SAB, Raj Nayak of House of Cheer, Anurag Batra, Byju Raveendran, Pradeep Guha of 9XM, Srabana Lahiri of IMPACT, Kranti Gada of Shemaroo and Nawal Ahuja of exchange4media Group The BYJU’S story was born out of the need for high quality, engaging and accessible education . BYJU’S – The Learning app was launched in 2015 and has become the most preferred learning app for students. Byju's was asked to remove their five television advertisements by the Advertising Standards Council of India (ASCI) due to incorrect advertisements. Instead, his father pushed him into the sport that he could perform six different sports at the university level, including soccer, cricket, table tennis and badminton. Byju Raveendran, from Azhikode, a coastal village in Kerala, was an engineer with a UK-based shipping company when he began helping a few friends crack the entrance test to the IIMs using his shortcuts. Byju’s was founded by Byju Raveendran, a former teacher and the son of educators, who conceived the smartphone app in 2011. India's online learning market is expected to more than double to $5.7 billion by 2020, according to the government-backed India Brand Equity Foundation Byju's operates roughly on a premium business model where a paid subscription is required for most of the content. Raveendran holds more than 21% stake in the Bengaluru-based educational technology and online tutorial firm. Byju’s is India’s largest learning app in the primary and secondary education sector, with 5.5 million downloads and 250,000 paid users. Byju Raveendran, founder CEO of Byju’s, told Onmanorama that it is extremely encouraging to be the first company in Asia to be backed by the Chan-Zuckerberg Initiative. In June 2020, with the investment of Bond, a global technology investment firm, Byju's became decacorn at US$10.5 billion valuations. Every lesson is visualised for better understanding and the program takes students on a personalised learning journey, based on their unique learning style and pace. Anurag Batra, Chairman and Editor-in-Chief of exchange4media and Businessworld, presents Byju Raveendran, Founder annd CEO of Byju’s, with the IMPACT Person of the Year 2019 award. The company is based in Bangalore, Karnataka. [15][16][17] Byju's reports to have 4 crore (40 million) users overall, 30 lakh (3 million) annual paid subscribers and an annual retention rate of about 85%. Byju Raveendran joined the rarefied club after his Think & Learn Pvt scored $150 million in funding earlier this month. In November 2020, Byju's became the title sponsor of the. However, he did not sign up for one of the IIMs because he did not need any MBA studies. Byju's WhiteHat Jr Latest Marketing Gimmick Is Making Netizens Furious, Here's What We Know So Far About the 'Fictitious' Kid Apparently Working As AI Researcher at Google", "Delhi HC asks Malpani to take down Controversial Tweets against WhiteHat Jr", "Byju's told to pay Rs 52,000 compensation to Chennai student", "Express IT Awards: Byju Raveendran, a teacher who is the pupils' pet", "Technology Fast 500 2017 Asia Pacific Ranking", "Technology Fast 500 2016 Asia Pacific Ranking", "Technology Fast 500 2015 Asia Pacific Ranking", "Technology Fast 500 2014 Asia Pacific Ranking", "Technology Fast500 Asia Pacific 2013 Winners Report and Ranking", "Technology Fast500 Asia Pacific 2012 Winners Report and Ranking", "LSE and Labster scoop $50k Reimagine award", "Shortlists announced for 2017 FT/IFC Transformational Business Awards", "69 Entrepreneurs of India awarded for excellent Business Performances - Future of India Awards 2016", "India Business Leader Awards: RC Bhargava, Arundhati Bhattacharya, YC Deveshwar, among winners", "Business Standard Annual Awards 2018: Toasting the spirit of success", "First-gen entrepreneurs including Byju and OYO founders among the finalists in EY's Entrepreneur Award 2018", https://en.wikipedia.org/w/index.php?title=Byju%27s&oldid=1002239535, Distance education institutions based in India, Pages containing links to subscription-only content, Short description is different from Wikidata, All Wikipedia articles written in Indian English, Creative Commons Attribution-ShareAlike License, Wharton Reimagine Education Overall Ed Tech Award (Best Educational App), Global Mobile App Summit & Awards (Education), EY Entrepreneur of the Year Award (Start up). The 37-year-old entrepreneur -- who has said he wants to do for Indian education what the Mouse House did for entertainment -- is taking his biggest step yet geographically and creatively. BYJU’S is the brand name for Think and Learn Private Ltd. Byju Raveendran founded it in 2011. Due to his popularity, there was a time, he was taking a class of near about 20,000 students, across many big cities including Delhi, Pune, Chennai, and Mumbai. Students can also try the comprehensive online tutoring program, BYJU’S Classes on the app. In an interview he said that although his parents were teachers, they never forced him to study well. Success Story of Byju Raveendran: Founder and CEO of Byju Learning App, a global edutech startup. has been the stepping stone for millions of such students by making education affordable and accessible in all parts of the country. [21][22] Recently, Byju's launched new programs in its Early Learn App for students of kindergarten as well. 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