Byju's is a learning app designed to help Indian school-age children. It uses charts and videos to explain the ins and outs of knowledge to students from the simplest to the most complex. Its user base covers students from grades 4 to 12. Website: https://byjus.com/ Headquarters: Bangalore Founded: 2008 Founders: Byju Raveendran, Divya GokulnathPlatform IntroductionByju's education platform provides many learning programs, including courses and exam simulation services for grades 6-12, and supports exam types including JEE, NEET, CAT, IAS, GRE and GMAT. Through teachers, effective learning methods, data science, and machine learning technology and human support, Byju's is able to provide personalized teaching services for each student and adjust teaching strategies based on student feedback and evaluation. teamByju's content creation team includes well-known teachers, education experts, IT experts, image and video engineers, and even a band, because there is music in every video. Course DescriptionByju's provides free initial courses and then charges once interest is developed. The courses are very flexible and customizable. For example, each class in the app is limited to 15-20 minutes, and the difficulty of the course is adjusted according to the student's learning ability and current level. The course schedule is determined according to the student's learning habits, with video teaching for those who like visual learning and teacher teaching for those who like guidance. This is difficult to obtain in the traditional Indian education system. developByju's was founded in 2011 by Byju Raveendran and Divya Gokulnath with a focus on building a strong team of experts across content, media, and technology to create world-class learning content. In 2015, the company launched an app that significantly increased its audience. Byju’s currently offers two separate learning apps, one catering to students from Class VI to XII and one for students in Class IV and V. The company also plans to launch a separate app for students in lower classes soon. In 2016, it accepted investment from Zuckerberg and his wife. In September 2016, Indian education technology company Byju received a $50 million Series D funding round led by Sequoia and Chan Zuckerberg Initiative. It is worth mentioning that this is the first investment of Chan Zuckerberg Initiative in Asia. In January 2017, Byju's acquired Vidyartha, a Bangalore-based data-driven platform that provides customized learning guidance to students. In 2017, an app for levels 4-5 was launched. In 2017, BYjU’s learning app was turned into a Harvard Business School case study. In October 2017, Byju's updated its logo and brand identity. FinancingIn September 2013, Byju's completed a US$9 million Series A financing. In May 2015, Byju's completed a RMB 25 million Series B financing. In March 2016, Sequoia Capital and Sofina led the largest investment in the education technology industry in India's history, investing $75 million in education technology startup Byju's. In September 2016, Byju's received US$50 million in Series D financing, led by Sequoia Capital and the Chan Zuckerberg Initiative Foundation founded by the Zuckerbergs. In December 2016, Byju's received $15 million in funding from the International Finance Corporation (IFC). In March 2017, Byju's App completed its E-round financing. The amount of financing has not been officially disclosed. Investors include Belgian investment company Verlinvest and Southeast Asian e-commerce company Lazada. Shortly after the E round of financing, Byju's received another US$40 million investment from Tencent. In October 2018, Byju's received $100 million in financing from private equity fund General Atlantic. After this round of financing, Byju's valuation will reach $2 billion, making it a unicorn company. |
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