After PayTM and OYO it's time for the edu tech major Byju's to attain the unicorn startup status. With fresh round of $100 million from General Atlantic India, the valuation of online education startup has crossed $2 bln mark.
After launching The Learning Mobile App - BYJU's in 2015, the startup is growing exponentially. The Bengaluru based startup has recently crossed Rs 1 Bn monthly revenue.
The online tutoring startup has so far got 2500000 app downloads and is present in almost 1701 plus towns and cities across globe according to the stats present on Byju's website.
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| Pic Source: https://byjus.com/ |
After launching The Learning Mobile App - BYJU's in 2015, the startup is growing exponentially. The Bengaluru based startup has recently crossed Rs 1 Bn monthly revenue.
The online tutoring startup has so far got 2500000 app downloads and is present in almost 1701 plus towns and cities across globe according to the stats present on Byju's website.
According to a recent report by Google and KPMG, Online education in India will see approximately 8x growth in the next five years and the edtech market that has a potential to touch $1.96 Bn by 2021 from where it stands now i.e. $247 Mn.
Simplilearn, Meritnation, Edukart, Vedantu are the major Indian startups competing with Byju's for getting significant pie of Indian online education market.
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