- Date : 28/06/2023
- Read: 3 mins
Did you know that By Raveendran started from humble beginnings in a small village and went on to create the groundbreaking Byju Learning App? Follow his inspiring story.
- Byju's valued at approximately $8.4 billion
- Launch of Byju's Learning App in 2015
- Byju's Learning App: Uses rich animations, engaging content
- Advantages of online learning: Flexibility, affordability, interactive features
Byju Raveendran, the founder and CEO of Byju Learning App, is a name that needs no introduction in the world of Edtech. His success story inspires many, as he went from being a teacher to becoming a global entrepreneur. Byju's Learning App has become a household name in India, rapidly expanding its global reach. In this article, we will delve into the life of Byju Raveendran, the man behind the Byju Learning App, and explore what makes his success story so remarkable. So, let's find answers to queries like who is the founder of Byju's, what is Byju's, and more.
Byju Raveendran: An introduction
Byju Raveendran is the founder and CEO of Byju's, a multinational educational technology company. He is an Indian educator, entrepreneur, and businessman passionate about teaching. Byju's was founded in 2011, and the learning app was launched in 2015. Byju has won several awards, including the Forbes India Leadership Award Entrepreneur of the Year in 2021. Byju's is currently valued at approximately $8.4 billion.
The success story of Byju: Teacher by Choice and Entrepreneur by Chance
Byju Raveendran started teaching his friends to prepare for the MBA exam. He was so good at it that he scored 100 percentile in the MBA entrance exam. Encouraged by his friends, he quit his job and started coaching classes. In 2011, he founded Byju's (Think and Learn Private Ltd.), an education technology firm that creates educational content for students.
Also Read: 21-year-old IITian, Divanshu is transforming how Indian students learn. Here’s his fascinating story
Offline to online: Launch of Byju’s learning app in 2015
In 2015, Byju Learning App launched an online coaching platform for students in classes 4-12 and competitive exams. The app has over 3.5 million annual subscribers and 6 million downloads. It uses rich animations, engaging videos, interactive simulations, original content, and lessons from India’s best teachers to break the vicious cycle of memorising and help students learn effectively.
Advantages of online learning courses
Byju's learning app offers flexible learning anytime, anywhere. It utilises an understanding of student learning patterns and allows for assignment reviews, 24/7 access to instructors and classrooms, interactive discussions, practice quizzes, and chat options with fellow students. The courses are cost-effective compared to traditional classroom coaching, and students find it easy to comprehend after some usage.
Also Read: 3 Types of online learning styles: Which one do you follow?
Byju Raveendran aims to create an effective educational product and expand into South Africa, the US, the UK, and the Commonwealth markets. Byju's received significant investments in 2013, including Rs 50 crore from Mohandas Pai and Ranjan Pai. The startup also secured funding from Mark Zuckerberg's Chan Zuckerberg Initiative, Times Internet Ltd, Lightspeed Ventures, and Sofina. Byju's revenue experienced substantial growth over the years, reaching Rs 260 crores in the financial year 2016-17.
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- Byju's valued at approximately $8.4 billion
- Launch of Byju's Learning App in 2015
- Byju's Learning App: Uses rich animations, engaging content
- Advantages of online learning: Flexibility, affordability, interactive features
Byju Raveendran, the founder and CEO of Byju Learning App, is a name that needs no introduction in the world of Edtech. His success story inspires many, as he went from being a teacher to becoming a global entrepreneur. Byju's Learning App has become a household name in India, rapidly expanding its global reach. In this article, we will delve into the life of Byju Raveendran, the man behind the Byju Learning App, and explore what makes his success story so remarkable. So, let's find answers to queries like who is the founder of Byju's, what is Byju's, and more.
Byju Raveendran: An introduction
Byju Raveendran is the founder and CEO of Byju's, a multinational educational technology company. He is an Indian educator, entrepreneur, and businessman passionate about teaching. Byju's was founded in 2011, and the learning app was launched in 2015. Byju has won several awards, including the Forbes India Leadership Award Entrepreneur of the Year in 2021. Byju's is currently valued at approximately $8.4 billion.
The success story of Byju: Teacher by Choice and Entrepreneur by Chance
Byju Raveendran started teaching his friends to prepare for the MBA exam. He was so good at it that he scored 100 percentile in the MBA entrance exam. Encouraged by his friends, he quit his job and started coaching classes. In 2011, he founded Byju's (Think and Learn Private Ltd.), an education technology firm that creates educational content for students.
Also Read: 21-year-old IITian, Divanshu is transforming how Indian students learn. Here’s his fascinating story
Offline to online: Launch of Byju’s learning app in 2015
In 2015, Byju Learning App launched an online coaching platform for students in classes 4-12 and competitive exams. The app has over 3.5 million annual subscribers and 6 million downloads. It uses rich animations, engaging videos, interactive simulations, original content, and lessons from India’s best teachers to break the vicious cycle of memorising and help students learn effectively.
Advantages of online learning courses
Byju's learning app offers flexible learning anytime, anywhere. It utilises an understanding of student learning patterns and allows for assignment reviews, 24/7 access to instructors and classrooms, interactive discussions, practice quizzes, and chat options with fellow students. The courses are cost-effective compared to traditional classroom coaching, and students find it easy to comprehend after some usage.
Also Read: 3 Types of online learning styles: Which one do you follow?
Byju Raveendran aims to create an effective educational product and expand into South Africa, the US, the UK, and the Commonwealth markets. Byju's received significant investments in 2013, including Rs 50 crore from Mohandas Pai and Ranjan Pai. The startup also secured funding from Mark Zuckerberg's Chan Zuckerberg Initiative, Times Internet Ltd, Lightspeed Ventures, and Sofina. Byju's revenue experienced substantial growth over the years, reaching Rs 260 crores in the financial year 2016-17.
Click here for the latest articles on Inspiration.
