BYJUS a Edtech company or startup of India which also known as a multinational education company or startup of India.
It founded in 2012 by Byju Raveendran and Divya Gokulnath as a online education platform.
Since it founded its main focus is toward providing online education to kids.
Initially when it was founded a digital education platform, it was just designed only to focusing the students with 4th to 10th classes.
But currently if we see the official platform of BYJUS, then we will able to see multiple types of courses are listed their which were added by the team time to time.
Now its not only focusing to provide online education or courses for 4th to 10th classes students.
But also now it focusing various fields and courses some of the famous course offered by BYJUS are like courses for 4th to 10th classes students, JEE/NEET, Courses for Classes LKG - 3 and so on.
The team also improving their platform catalog time to time. And allso adding lot of other courses which become the demand of market.
BYJUS digital education platform take time of 6 years to become a unicorn. It means it achieve a status of unicorn in January, 2018.
At the time when it become a unicorn, its valuation reported as 1 billion dollars in that time.
After getting funding from investors according to the 1 billion dollar valuation. It focus on marketing and used different kinds of marketing strategy.
The team of BYJUS also changed their marketing strategy time to time according to the market demand.
So that their marketing strategy can meet with the latest demand of market.
According to Indian Express, it also selected Lionel Messi, a famous footballers as its global .
Selecting Lionel Messi as global brand ambassador of BYJUS also reflect the strength of the marketing strategy used by it.
Due to these successful marketing strategy it become able to increase its valuation.
These strategies help it to increase its valuation from 1 billion dollars to 22 billion dollars only with in 4 years.
Aarin Capital, Sequoia Capital, Lightspeed Ventures, Tencent, General Atlantic, Tiger Global are some names of peoples, ventures and companies who invested time to time in BYJUS with a good valuation.
After year to year huge growth of BYJU, it expected that its valuation will going to increase in next round of funding.
Recently the CEO of Unacademy Gaurav Munjal reveals that Byju Raveendran fails due to ignoring feedback. Byju Raveendran, the founder of BYJU’S, once hailed as a visionary in the edtech industry, has recently faced significant criticism. According to Unacademy CEO Gaurav Munjal, Raveendran’s downfall can be attributed to his failure to listen to others. Munjal’s […]
Recently, OPPO claims debt from BYJU worth INR 13 Cr and informed the NCLT that BYJU’S owes INR 13 crore. This revelation has raised significant concerns within the tech and education sectors, highlighting potential financial discrepancies and contractual obligations between major industry players. The Agreement: Preinstallation of BYJU’S Apps According to OPPO, an agreement was […]
Recently BYJU has settles dispute with Teleperformance which is a French digital services company The National Company Law Tribunal (NCLT) was informed of this development on June 26, 2024. In this article I will going to discuss the dispute and implication for both the companies. Background of the Dispute The core issue revolves around an […]