Deeper penetration across India and significant growth in the number of paid subscribers have been the primary drivers of growth
Mohandas Pai expects food delivery platforms Swiggy and Zomato, as well as PhonePe and Myntra to list in local markets in next few years
BCCI will continue to receive the same amount from Byju's and will be at no loss for the entire duration of the deal
BYJU'S will now be seen on the Indian team jersey from September when the home series against South Africa begins, while India will continue to don the Oppo jersey for its tour of West Indies
Byju's will now be seen on the Indian Team Jersey from September 2019 - South Africa Home series onwards
India's online learning market is expected to more than double to $5.7 billion by 2020, according to the government-backed India Brand Equity Foundation
"We are happy to have strong partners like QIA and Owl Ventures on board with us," Byju's founder and chief executive officer Byju Raveendran said in a statement
The QIA deal follows Byju's raising money from the Canada Pension Plan Investment Board (CPPIB), which was also the first direct investment by the Canadian pension fund in an Indian start-up
An IIT Delhi alumnus, Maheshwari will spearhead the charter to strategise, build and lead the global expansion of Byju's
Investment from GA, Tencent to help in international play
By April, the educom will launch Osmo in India
Osmo is a playful learning system which aims to create healthy screen-time experience for children
The improved financial performance of Byju's comes at a time when the company saw its valuation soaring to $3.8 billion
Unlike India, where the edutech firm is catering to Class 4 to 12 students, for the global markets, the target age group is going to be 3-8 years
It is important to evaluate edtech as a sector and understand whether we are looking at the eye of the storm or the start of a new chapter in education
Byju's sells online learning modules for a fee
Launched in 2015, Byju's has 30 million students cumulatively learning from its application and over 2 million annual paid subscriptions
The company was valued at $1 billion at the time of its previous funding round in August 2017
Its learning app has 20 million registered students and 1.26 million annual paid subscribers
"The revenues of Rs 600 crore would be a growth of about 100 percent over last year," Byju's COO Mrinal Mohit said