Business Standard
Who is Byju Raveendran

Byju Raveendran

About Byju Raveendran

Who is Byju Raveendran

Byju Raveendran is the founder of edutech start-up Byju's. Son of physics and mathematics teachers from Azhikode village in Kannur district of Kerala, Raveendran is a former teacher who turned an entrepreneur. An engineering graduate, he started teaching maths to friends (and whoever else wanted to learn) after spending a couple of years at a shipping company. He would help students prepare for entrance exams like the common entrance exam (CAT). In 2003, he appeared for CAT himself and scored 100%, despite not studying enough for the exam. Two years later, he helped some others crack CAT and then decided to take up teaching as a full-time job. Raveendran went from teaching a few friends, to teaching hundreds of students in large auditoriums, and taking classes through satellite communication. He set up Think & Learn in 2011, to offer online lessons, before launching his main app in 2015. In 2018, Byju Raveendran won the EY Entrepreneur of the Year Award (Startup category).
 
Raveendran’s start-up Byju’s runs on a freemium model and trains students for Indian examinations like IIT-JEE, NEET, CAT and IAS, as well as international ones such as GRE and GMAT. In July, 2019 Byju's acquired Indian cricket team jersey rights.
 
Today, Byju's has grown into the world's most successful edutech start-ups with 33 million users and 2.2 million paid subscribers. According to data available as on July 2019, its valuation has quadrupled in the past year. That also makes it one of the top five most-valuable internet companies in the country. The present value of this unicorn company is $3.6 billion.
 
The Byju's app has become a business case at Harvard Business School. It has received several awards, including the Business Standard Annual Award for Corporate Excellence (2018).

Latest Updates on Byju Raveendran

'Byju's now worth zero': HSBC warns Prosus amid legal, financial troubles

2 min read Last Updated :Jun 07 2024 | 9:20 AM IST
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Byju's lenders start bankruptcy proceedings against its US assets

5 min read Last Updated :Jun 05 2024 | 7:48 PM IST
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Byju's processes employees' salaries for May from business collections

2 min read Last Updated :Jun 03 2024 | 2:33 PM IST
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Byju's Director Riju Raveendran 'not truthful' on missing $533 mn: US judge

3 min read Last Updated :May 22 2024 | 6:59 AM IST
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Edtech company Byju's starts new batches in 240 centres across India

3 min read Last Updated :May 21 2024 | 9:08 PM IST
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Byju's sales team misses target despite 30% subscription fee reduction

3 min read Last Updated :May 10 2024 | 11:08 AM IST
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Byju's slashes course fees by 30-40%, ups sales incentives by 50-100%

2 min read Last Updated :May 09 2024 | 4:52 PM IST
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Cash-strapped Byju's cuts product prices, unveils new sales strategy

5 min read Last Updated :May 09 2024 | 12:58 PM IST
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Cash-strapped Byju's pays April salaries to all employees except sales ones

2 min read Last Updated :May 03 2024 | 10:59 PM IST
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Cash-strapped Byju's may pay salary to employees for April this week

3 min read Last Updated :May 02 2024 | 9:45 PM IST
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Byju's continues facing cash crunch as NCLT defers hearing to June 6

4 min read Last Updated :Apr 23 2024 | 9:19 PM IST
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Raveendran secures pvt debt to pay March salaries of employees at Byju's

3 min read Last Updated :Apr 22 2024 | 10:27 PM IST
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Raveendran raised debt to pay March salaries of Byju's employees

2 min read Last Updated :Apr 22 2024 | 3:59 PM IST
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Byju's India CEO Arjun Mohan moves on, company divided into three divisions

3 min read Last Updated :Apr 16 2024 | 12:03 AM IST
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Byju Raveendran to take over firm's daily ops after CEO Mohan's resignation

2 min read Last Updated :Apr 15 2024 | 10:25 AM IST
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'Pleased to inform': Byju's begins salary payout after delay of 2 months

2 min read Last Updated :Apr 09 2024 | 11:23 AM IST
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Edtech firm Aakash Educational Services appoints Deepak Mehrotra as new CEO

2 min read Last Updated :Apr 08 2024 | 11:15 AM IST
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Forbes list: Byju Raveendran no longer a billionaire, now has $0 net worth

2 min read Last Updated :Apr 04 2024 | 10:56 AM IST
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Edtech company Byju's goes ahead with cutbacks, fires 500 staffers

6 min read Last Updated :Apr 02 2024 | 11:13 PM IST
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Byju's delays salaries for 2nd month in a row amid rights issue dispute

4 min read Last Updated :Apr 01 2024 | 11:56 PM IST
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