Byju's
Company Logo | |
| Byju's | |
| Company type | Private |
| Industry | |
| Founded | 2011 |
| Founders | |
| Headquarters | Bangalore, Karnataka , India |
Area served | Worldwide |
Key people | |
| Products | BYJU'S – The Learning App |
| Revenue | ₹5,298 crore (US$630 million) (FY22) |
| ₹−8,245 crore (US$−980 million) (FY22) | |
Number of employees | 10,000+ (2024) |
| Subsidiaries | |
| Website | https://byjus.com/ |
Byju's (stylised as BYJU'S) is an Indian multinational educational technology company, headquartered in Bengaluru. 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 April 2023, the company claimed it had over 150 million registered students.
In April 2024, according to a report by The Times of India, Byju's has laid off approximately 500 employees, mainly from its sales and marketing departments.
In July 2024, the National Company Law Tribunal (NCLT) allowed Byju's parent Think and Learn to move forward insolvency proceedings in a plea filed by the Board of Control for Cricket in India (BCCI) over unpaid dues amounting to over ₹158 crores. The order was later quashed by the NCLT Chennai after the two parties agreed to a settlement.