BYJU'S is an Indian educational technology company and online tutoring firm. It provides interactive learning programs for school students. BYJU'S app offers courses for exams like IIT-JEE and NEET and saw rapid growth during the COVID-19 pandemic. As of June 2020, BYJU'S valuation reached $10.5 billion after raising funding from investors like Bond Capital, making it the highest valued startup in India. BYJU'S plans to acquire smaller rival Doubtnut to further expand its offerings.
2. BYJU’S (The learning App)Lalit Kumar Sharma
Pgdm – ( Term 1 ) 2020-2022
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3. BYjU’s The Learning App
Common brand fOr Think
&Learn private Limited
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4. INTRODUCTION
Common brand name for Think and Learn Pvt. Ltd.
Indian EdTech and online tutoring firm.
Founded in the year 2011 by Mr. Byju Raveendaran
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5. PRODUCTS AND SERVICES
Main product is BYJU’s The Learning App.
Provides educational content to school student.
Trains students for examinations such as IIT-JEE, NEET, CAT, IAS, etc.
App in regional Indian languages in 2019.
International version of app for other countries.
Launched new programs in Early Learn App for students of UKG and LKG.
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7. MARKET SHARE
BYJU’s Market share is about $372.2 million.
Competitors such as Vedantu, Meritnation, Khan Academy have 7.5, 4.2, 53.2
million respectively.
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8. FUNDING & FINANCIALS
BYJU’s received seed funding from Aarin Capital in 2013.
As of 2019, secured $785 million in funding from investors.
BYJU’s valued at $1Billion(INR 6505 cr.) as of March 2018.
Received Investment from Mary Meeker’s BOND(a global technology
Investment firm)
In June 2020, BYJU’s became decacorn at $10.5 Billion USD valuation with the
investment of BOND.
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9. ACHIEVEMENTS
BYJU’s valuation surges to $10.5 Billion.
Became Top10 educational app downloaded during lockdown.
EY Entrepreneur of the year award- Start up-2018.
Became a Harvard Business School case study in 2017.
VC circle award for education -company of the year- 2016,2018,2019.
Indian Education Congress-EdTech Company of the year- 2020 (Entrepreneur
Media)
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10. COVID-19 IMPACT
The growth of BYJU’s(EdTech platform) has boosted due to lockdown.
COVID-19 Pandemic helped BYJU’s become a decacorn, cross $10.5 Billion valuation.
Since schools being shut, BYJU’s made content for students on its learning app for free.
Introduced Live classes for student’s engagement.
BYJU’s got new wave of users and added 13.5 million consumers in March and April
2020.
Launched BYJU’s classes- personalized after school tuition classes, instant doubt
resolution and one to one guidance.
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11. FUTURE PLANS
BYJU’s to be in talks to acquire smaller rival DOUBTNUT valued between $125
to $150 million.
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