Byju Raveendran’s Impact on the Indian EdTech Industry: A Deep Dive

Major Events Of Byju Raveendran’s Life

  • 1980: Byju Raveendran was born on July 12 in Azhikode, Kerala, India.
  • 2003: Byju took the Common Admission Test (CAT) for admission to the Indian Institutes of Management (IIMs) and scored a perfect 100 percentile.
  • 2006: Byju started teaching CAT aspirants in his hometown of Azhikode.
  • 2007: Byju moved to Bangalore and started conducting classes for CAT aspirants in various cities across India.
  • 2011: Byju launched an app-based learning program called ‘Byju’s – The Learning App,’ which offered video lessons and interactive quizzes for students preparing for various competitive exams in India.
  • 2015: Byju’s app became the highest-grossing educational app in India.
  • 2016: Byju’s raised $50 million in a funding round led by the Chan Zuckerberg Initiative.
  • 2017: Byju’s launched a learning app for students in grades 4-12, expanding its reach beyond test preparation.
  • 2018: Byju’s raised $540 million in a funding round led by Naspers and Tencent, valuing the company at $3.6 billion.
  • 2019: Byju’s acquired US-based educational gaming company Osmo for $120 million, marking its entry into the US market.
  • 2020: Byju’s raised $1 billion in a funding round led by Silver Lake and existing investors, valuing the company at $10.5 billion.
  • 2021: Byju’s acquired Aakash Educational Services, a leading test preparation company in India, for $1 billion.
  • 2022: Byju’s raised $1.5 billion in a funding round led by SoftBank, valuing the company at $16.5 billion.

Byju Raveendran is an Indian entrepreneur and the founder of the edtech startup Byju’s, which offers online learning solutions to students across India. Throughout his career, Byju Raveendran has been recognized for his contributions to education and entrepreneurship. He has won numerous awards and honors, including the Ernst & Young Entrepreneur of the Year Award in 2017 and the Padma Shri, India’s fourth-highest civilian award, in 2020.

Byju Raveendran’s success story is a testament to the power of innovation and perseverance. He has revolutionized the way students in India learn and has inspired a generation of entrepreneurs to pursue their dreams and make a difference in the world.