How much is BYJU worth?
How much is BYJU worth?
Byju’s (stylised as BYJU’S) is an Indian multinational educational technology company, headquartered in Bangalore. It was founded in 2011 by Byju Raveendran and Divya Gokulnath. As of March 2022, Byju’s is valued at US$22 billion and company claims to have over 115 million registered students.
Is BYJU a Millionaire?
According to Forbes, as of 2020, Byju, his wife, and his brother Riju Raveendran, have a combined net worth of $3.4 billion. In January 2021, he was added to the National Startup Advisory Council as a non-official member.
How much Byjus earn in a year?
He said the firm’s FY22 revenue is nearly Rs 10,000 crore, or $1.3 billion. “This means we are now a billion-dollar-plus revenue company,” said Raveendran. He said in the K12 (kindergarten to class 12) segment, Byju’s revenue is nearly 20 times that of the next two competitors combined.
Is BYJU’s under loss?
Byju’s reported a net loss of Rs 2,702.14 crore in FY21 on a standalone basis, against a profit of Rs 7.39 crore a year earlier, the company’s recent filings with the Ministry of Corporate Affairs (MCA) showed.