BYJU'S - Education for All (By Byju Raveendran and Divya Gokulnath)
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 December 2021, BYJU'S is valued at US$18 billion and has over 115 million registered students.
BYJU'S' app was developed by Think and Learn Pvt. Ltd, a company which was established by Byju Raveendran, Divya Gokulnath and a group of students in 2011. Byju, an engineer by profession was coaching students in mathematics since 2006. In initial days The company focused on offering online video-based learning programs for the K-12 segment and for competitive exams. In 2012, the firm entered Deloitte Technology Fast 50 India and Deloitte Technology Fast 500 Asia Pacific ratings and has been present there ever since.
We all have gone through that phase when everyone in the class nods their head in accord, yet you find all a bit offbeat. Every student is different and has his or her level and pace of understanding, and it’s practically impossible for a teacher to take care of each and every student’s level of perception.
Edtech is thankfully finding a way to fill this gap and Byju’s is one such renowned name. Byju’s is a Bangalore-based multinational technology company in ed-tech which was founded by ‘Byju Raveendran’ a B.Tech student and his wife ‘Divya Gokulnath’ in the year 2011. The ed-tech company was launched after 4 years of its inception in the year 2015, after there was hard work and dedication put for effective learning program for classes 1-12, and also for many aspirants who wanted to appear in competitive exams including IIT-JEE, NEET, CAT, GRE, and GMAT.
Byju’s has approximately spent $1.43 billion on the acquisitions. Some of them include:
In January 2019 Byju’s acquired Osmo, an educational game US-based company. It helped Byju’s plan to innovate, explore and set the benchmark for tech-enabled personalized learning solutions.
In 2020 Byju’s acquisition of Whitehat Jr., It is a live online 1:1 platform for coding and math. This made Byju’s leader in the world of coding.
In 2021 Byju’s acquisition of Aakash Educational Services Limited, which was a 33-year-old company with solid curriculum-based coaching for students and test preparatory service for competitive exams.
When the world was struggling from the COVID-19 pandemic situation and schools were shut down, Byju’s made the app free for students till April 2020. As a startup Byju’s is quite innovative and has earned massive success in the industry. Ti is creating a place where interested students can take the initiative of learning themselves rather than being spoon-fed. As per Forbes list of India’s 100 Richest People (2020), Byju is India’s youngest billionaire with a net worth of $3.05 billion.
Awards and recognitions:
Byju’s came a long way, some of the biggest companies in India and media groups have recognized and now it makes a big difference in imparting education. Some of the well-known awards for Byju’s are:
Winner of the CNBC-TV 18 Crisil Emerging India Award (Education)
Winner of Big Research NDTV Profit Business & Service Excellence Award
Winner of Deloitte Technology Fast 50 India and Fast 500 Asia Award (2012, 2013 & 2014)
Winner of ET Now Education Excellence Award
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