Byju's eyeing 270% jump in revenues at Rs 1,400 crore in the current fiscal

India’s top e-learning startup Byju's is targetting almost 270% jump in revenues at Rs 1,400 crore in the current fiscal 2018-19.

Last financial year, the company, which is backed by top foreign equity funds, had clocked a turnover of Rs 520 crore.

To date, Byju’s e-learning app has logged 30 million downloads, of which almost 2 million are paid subscribers, company’s chief operating officer (COO) Mrinal Mohit told Business Standard here.

“Currently, our monthly app downloads range between 1.2 and 1.5 million with a conversion rate of 5-7%. Considering that 75% of downloads are coming from smaller towns compared to