Starting off as a traditional brick and mortar coaching class, Byju’s is now India’s largest and best-funded digital ed-tech venture.
HAD IT not been for sports, says Byju Raveendran, he would have never succeeded in business. A keen sportsman in his school and college days, even today Raveendran turns up in his trademark black T-shirt for work as Founder & CEO of Bangalore-based ed-tech (Educational Technology) firm Byju’s. Every evening, he continues wearing it for a round of football with his colleagues. “I used to play multiple sports from a very young age. I have always believed in the adage `Games teach you teamwork’,” says Raveendran. “Sports help you in developing and honing real life skills like peer bonding, performance under pressure, controlled aggression and leadership qualities.”
The sporty entrepreneur has imbibed these abilities very well if the stupendous growth of his company is any indication. In the six years that it has been around, the business has mushroomed to employ more than 1,000 employees, many of them ex-students of Byju’s, including his wife Divya Gokulnath. There have been over seven million downloads of the Byju’s App to date. Around 330,000 paid users are using the app on an annual subscription basis. Byju’s clocked a turnover of Rs. 120 crore for the financial year ending March 2016. “We expect to grow at 2.5x for the FY ending March 2017,” reveals Raveendran.
This story is from the February 2017 edition of Man's World.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the February 2017 edition of Man's World.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Most Expensive Made-In-India Cars
From Mercedes limousines to variants of the flagship Land Rover, a surprising number of luxury flagship models are now locally assembled or produced in India
Making Noise In Quiet
Manik Handa of Eudaemon explains what it truly takes to define quiet luxury in India’s crowded retail market
Luggage Travails of a Frequent Flyer
Luxury and semi-luxury luggage are the new fashion frontier amongst the Indian jet set. Our writer though recommends extreme caution, unless you are the kind who can afford to fly in private jets
Ruling The Street
Either through imitation or rejection, streetwear continues to dominate the wardrobe of young India. We talk to those who follow the scene closely to understand its rise in status
Street Cred
Royal Enfield’s Guerrilla 450 is a thoroughly fun and exciting motorcycle—it is not that the Himalayan has just tidied up for a visit to the city
Now Serving.Indigenous India
India's culinary scene is buzzing with a quiet revolution, fueled by a vibrant comeback of hyperlocal ingredients. This movement isn't just about digging up fresh, local produce from across the nation—it's about rediscovering the deep, rich tapestry of India's diverse culinary heritage
CHAITANYA AKKINENI OF OLD LOVES AND NEW
The Akkineni-Daggubati family scion is starting a new phase, and life is looking more exciting than ever
Independence Movement
As we step into India's 77th year of Independence, we're shining the spotlight on four stunning timepieces, all designed from within the nation's borders
Precision in Motion
How Alain Zobrist and Omega Time the Olympics
The New Frontier
While India witnesses a massive growth in the number of global skincare brands entering the market, an increasing number of homegrown brands takeover the space and trust among consumers
