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Byju's (stylised as BYJU'S) is an Indian multinational educational technology company, headquartered in Bengaluru. [4] It was founded in 2011 by Byju Raveendran and Divya Gokulnath . As of October 2024, various media outlets reported that Byju's valuation has now plummeted to zero, down from its peak valuation of $22 billion in 2022.
In 2011, he founded Byju's with his wife, Divya Gokulnath, [5] whom he met while she was a student in his exam preparation class. [11] [12] In 2015, as smartphone screen sizes increased, Byju's launched an app developed by Byju for students to learn on handheld devices.
In 2011, Divya and her husband co-founded Byju's, an online education platform initially providing in-person education to support school learning, followed by an online app that features video lessons. [11] [12] [13] With her expertise, Divya has served as a teacher in some educational videos. [14]
Insolvency proceedings against ed-tech giant Byju's, once India's biggest startup valued at $22 billion, will likely force thousands of employees to quit and result in a total shutdown of its ...
Indian educational technology company Byju's acquired Epic! in July 2021 in a cash and stock deal worth $500 million. [5] On January 25, 2024, lenders began bankruptcy proceedings against Epic's parent company Byju's in an effort to repay its loans. [6] On February 1, 2024, Byju's U.S. division filed for Chapter 11 bankruptcy in Delaware. Byju ...
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[16] [5] In 2020, the firm was acquired for $300 million by BYJU'S [17] [2] and integrated into their coding teaching division. [ 2 ] [ 7 ] [ 3 ] [ 8 ] After the acquisition, he led Byju's International division, Byju's FutureSchool, launching programs in English, Spanish and Portuguese for the US, Brazil and Mexico students with new courses ...
Byju Raveendran is the founder of BYJU’s. He founded Byju's classes in 2011. [1] [2] Early life He was born in the Azhikode [3] village of Kerala, India. He studied at a Malayalam-medium school where both his parents were teachers.