![]() ![]() In April 2021, the company also announced the launch of "Byju's Future School" to be led by WhiteHat Jr Founder Karan Bajaj. ![]() And to cater students of kindergarten, Byju's launched new programs in its Early Learn App. It also planned to launch an international version of the app for English-speaking students in other countries. In 2019, the company announced that it would launch its app in regional Indian languages. In October 2018, the app expanded to the United Kingdom, United States and other English-speaking countries. Byju's reports to have 40 million users overall, 3 million annual paid subscribers and an annual retention rate of about 85%. Īcademic subjects and concepts are explained with 12–20 minute digital animation videos and through which students learn in a self-paced mode. It also trains students for examinations in India such as IIT-JEE, NEET, CAT, IAS, and international examinations such as GRE and GMAT. It was launched in August 2015, offering educational content for students from classes 4 to 12 and in 2019 an early learning program has started for classes 1 to 3. Products and services īyju's is an education tutoring app that runs on a freemium model, with free access to content limited for 15 days after the registration. ![]() In April 2023, the Enforcement Directorate announced that it had conducted searches at Byju's offices under the Foreign Exchange Management Act and seized "incriminating" documents. Reportedly, Byju's sacked over 5,000 employees. In November 2022, many employees of Byju's came out to speak against the company's unfair treatment. In spite of the delay, Deloitte gave the company a clean audit. Byju's reasoned that the 17-month delay was due to the challenge of consolidating the accounts of its acquisitions during that year. In August 2022, Bloomberg News reported that the Ministry of Corporate Affairs sent a letter to Byju's asking them to explain the non-filing of its audited financials for the year ending March 2021. In March 2022, it signed a contract with Qatar Investment Authority to establish a new edtech company and an R&D centre in Doha. In January 2022, the company joined Simplilearn, Unacademy, upGrad, PrepInsta Prime and Vedantu to become one of the founding members of IAMAI's India EdTech Consortium. By 2019, 60% of BYJU’S students were from non-metros and rural cities. In the same year, Byju's became India's first edtech unicorn. By 2018, it had 15 million users out of which 900,000 were paid users at that time. In 2017, they launched Byju's Math App for kids and Byju's Parent Connect app. In August 2015, the firm launched Byju's: The Learning App. In 2012, the firm entered Deloitte Technology Fast 50 India and Deloitte Technology Fast 500 Asia Pacific ratings and has been present there ever since. In initial days the company focused on offering online video-based learning programs for the K-12 segment and for competitive exams. Byju, an engineer by profession was coaching students in mathematics since 2006. Ltd, a company which was established by Byju Raveendran, Divya Gokulnath and a group of students in 2011. History Byju's CEO Byju Raveendranīyju's app was developed by Think and Learn Pvt. As of April 2023, the company claims to have over 150 million registered students. As of Sept 2023, Byju's was valued at $5.1 billion. It was founded in 2011 by Byju Raveendran and Divya Gokulnath.
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