Byju Raveendran Investments
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Byju Raveendran has made 1 investments.
| Date | Company | Sector | Round | Investments | Co-Investors |
|---|---|---|---|---|---|
| 2022-03-11 | EdTech | Private Equity Round - BYJU'S | $ 800 Mn | - |
Byju Raveendran Frequently Asked Questions (FAQs)
How do Byju's help students?
BYJU'S provides India's best teachers and subject matter experts to teach and clear doubts of the students in an ongoing class. Whereas the mentor is a dedicated person assigned to every student who helps them strengthen their foundations, align their learning to long-term goals, and become self-initiated learners.
What are the achievements of Byju's?
Co-founding Byju's, one of the world's largest edtech companies. Growing Byju's app to over 150 million downloads and 71 minutes of daily user engagement. Expanding Byju's to English-speaking countries. Acquiring Aakash Educational Services Ltd.
Who is Byju Raveendran?
Byju Raveendran is the founder and CEO of Byju’s, an edtech company that has revolutionized online education in India and globally. He started Byju’s in 2011, offering interactive learning for students from K-12 to competitive exams like JEE and UPSC.
Who is the owner of Byju?
Byju Raveendran is the founder and CEO of Byju’s, the popular online learning platform. He started the company in 2011 along with his wife, Divya Gokulnath. His brother, Riju Raveendran, also owns a significant share in the company.
Is Byju Raveendran a billionaire?
No, as of April 2024, Byju Raveendran is no longer a billionaire. His net worth, which once soared, has dropped to zero, according to Forbes' 2024 Billionaires List.
What happened to Byju Raveendran?
Byju Raveendran has been accused of financial mismanagement and misuse of company funds. Due to mounting financial troubles, Byju’s has filed for bankruptcy and is now under court supervision in both the US and India.
Did Byju Raveendran study at IIM?
No, Byju Raveendran did not attend an Indian Institute of Management (IIM). He is an engineer by education and built his company without a degree from IIT or IIM.
How much is Byju’s worth now?
Byju’s was once valued at $22 billion. However, according to its founder, its value has now dropped to zero due to financial struggles and controversies.
Has Byju Raveendran left India?
No, Byju Raveendran has denied rumors of fleeing to Dubai. He has stated that he plans to return to India soon.
Is Byju’s still making money?
While the parent company, Think & Learn, has lost its value, Byju’s still earns money through its 26 subsidiaries, which together generate about ₹5,500 crore in annual revenue. At its peak in 2021, the company had claimed ₹10,000 crore in revenues, but its core business has now declined significantly.
What is Byju Raveendran current net worth?
The recent update shows that Byju Raveendran's net worth has dropped to zero. His wealth, once valued at $2.1 billion in 2022, declined sharply due to the crashing valuation of BYJU, once India’s most valuable startup at $22 billion.