Had once started this business by teaching tuition, became superhit during lockdown

New Delhi. Byju’s Learning App has also got a place among the most downloaded education apps worldwide from Google Play Store during the lockdown. Byju’s is also included in the top 10 education apps downloaded during this period. Sensor Tower (Sensor Tower Report 2020) has given information about this in a report released for April 2020. After the closure of schools and other educational institutions in March 2020, Byju’s had announced the free learning program.

After this, 60 lakh students have joined this learning platform in March. In April, about 75 lakh students started using Byjus. The trend of online study programs has increased rapidly amid the lockdown due to Covid-19.

Byju’s Chief Operating Officer, Mrinal Mohit said, ‘We are fortunate that even in this crisis, we have got a positive response. The number of students joining our learning program has increased by 3 times.

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Was launched in 2015
Byju’s Learning App was launched by Byju Ravindran in the year 2015 for school children. In this learning app, one can study about CAT, Civil Services Examination, JEE, NEET and Management Admission Test. Investors have invested heavily in this unique app. Venture capital fund Sequoia Capital and a Belgian investment company had invested $75 million. This is in any of India’s Education Startup It was the biggest investment ever. Many other companies have invested heavily in Byju’s.

Ravindran in the list of Forbes 100 Richest Indians
Last year, Forbes magazine included 6 new names in the Forbes Richest Indians 2019 list. One of these names is the name of Byju Ravindran, 38-year-old founder of Byju’s – The Learning App. Today we are going to tell you about the success story of Byju’s.

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Rapidly increasing revenue
Byju’s-The Learning App is one of the few startups in the country which has achieved 100% growth for three consecutive years. In the financial year 2019, the growth of this company increased to 200 percent. Earlier this year, Byju’s announced that the company’s revenue in financial year 2019 was Rs 1,430 crore. Regarding this huge revenue of Byjus, it is being said that more and more students across the country have started liking this app. The number of paid subscribers of this app is increasing rapidly.

Why is Byju’s becoming increasingly popular?
The most important thing about Byju’s becoming popular is the learning approach. In this app, animation and gamification are used in the videos, which the students like a lot. However, for this the Byjus team had to work hard continuously for four years. At present, on an average, students spend more than an hour on this app after logging in.

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Tags: business news in hindi, Byju Raveendran, BYJU’s, Lockdown

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