How is BYJU’s so rich?

Byju’s is an edtech company providing an online tutoring platform to students. Precisely, Byju’s offers online education to the K-12 segment and the students preparing for various competitive exams. It has become one of the most popular education platforms with 3.5 million paid subscriptions and an 85% renewal rate.

Is BYJU’s running in 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.

Is BYJU’s profitable?

Byju’s announced on October 12 that it had planns to turn profitable by March 2023. In September, due to rising promotion and labour costs, The Tiger Global-backed edtech company recorded a loss of ₹4,588 crore for the 2021 fiscal year.

What is the monthly salary of BYJU’s?

How much does Byju’s in India pay? The average Byju’s salary ranges from approximately ₹ 1,80,000 per year for DTP Operator to ₹ 13,62,483 per year for Regional Head. The average Byju’s monthly salary ranges from approximately ₹ 13,076 per month for Collection Agent to ₹ 1,12,178 per month for Regional Head.

What is the highest salary at BYJU’s?

What is the highest salary in BYJU’S? The highest-paying job at BYJU’S is a Senior Vice President with a salary of ₹119.1 Lakhs per year.

Why employees leave BYJU’s?

Indian education tech giant Byju’s has reportedly decided to lay off around 2,500 of its employees as it struggles to improve its finances and book profits. In a statement on Wednesday, the $22 million valued start-up said that the layoffs are a step to cut costs and achieve overall profitability.