Byju’s has said it has no plans to exit Kerala and is setting up three centres in the state and hiring around 600 people. The edtech company, which is valued at $22 billion, is targeting to be profitable by March next year.
With this, the total number of Byju’s establishments across the state will be 14 and these are a mix of company offices and tuition centres. The number of employees in the state will increase from 3,000 to 3,600.
India’s most-valued start-up is scaling up its operations in Kerala at a time when a group of Byju’s employees had