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Byju's turns profitable in 8 years, gears up to enter US in a big way

First Indian consumer-tech start-up to achieve feat; sales soar 186% in a year

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Byju’s is set to launch in the US in a big way, and has recently acquired an interactive learning tech start-up Osmo

4 min read Last Updated : May 18 2022 | 1:44 PM IST

India’s top education platform Byju’s on Thursday announced it has achieved profitability, a first in the consumer internet start-up space.

The eight-year-old Bengaluru firm said its sales in FY19 were Rs 1,430 crore ($21 million), up 186 per cent over the last year, enough for the firm to churn out a small profit on a full-year basis. It did not reveal the bottom line. In FY18, Byju’s had Rs 500 crore turnover and a loss of Rs 37 crore. “The growth in revenue was fuelled by deeper penetration across India and significant growth in the number of paid subscribers,” a

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