Since its inception in 2013, Tynker has helped kids create over seven billion lines of code. The acquisition would further accelerate Byju's US market expansion
Tynker's service, launched in 2013, offers classes and camps on coding, with some curriculum offered for free and premium content sold to schools for an average of $5,000 a year
Byju's has quietly moved into other global markets such as the UK, Australia and New Zealand
In this podcast, we explained the reasons behind Byju's rapid surge in valuation and funding and company's future plans to tap global markets. Tune in
JC Chaudhry, the chairman, and MD of Aakash Educational Services Limited (AESL) who is also a motivational speaker and numerologist said that he did the deal with Byju's based on numerology
As reported earlier, Byju's is in talks to raise up to $700 million from new and existing investors in a fresh funding round
Mariwala will represent India at the EY World Entrepreneur of the Year Award to be held in June
The funding is expected to help Byju's to fund its acquisitions, including the up to $700 million deal to buy Aakash Educational Services, according to sources
New Delhi-based Aakash Educational Services Limited (AESL) is the biggest education organisation in India
Byju Raveendran leveraged the lockdown and related restrictions to strengthen and expand his edtech company into the 'Deccacon' club
BlackRock, T Rowe Price participate in the round; the edtech major's valuation has risen by over $1 bn since last round of fundraising
Byju's has received investments from Mary Meeker and Yuri Milner, and now from private equity firm Silver Lake, taking valuation close to $11 bn. In an interview, the CEO tells us what all this means
The list covers five sectors including finance, technology, health, government/politics and media/entertainment
Fortune magazine said executives have moved quickly to support and empower employees while grappling with daunting challenges to the way their businesses operate
In FY20, the company posted a revenue of Rs 2,800 crore ($370 million), a 100 per cent growth over the previous fiscal.
The poster boy of ed-tech Byju Raveendran has a lot resting on his capable shoulders
Raveendran launched Byju's learning app in 2015, calls himself a teacher by choice and an entrepreneur by chance. Gupta's Zomato has been a pioneering food technology start-up.
GA is an existing investor in the Bengaluru-based firm
EdTech firm valued at around $8 billion after Tiger Global's $200-million investment
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