![]() In August 2022, Bloomberg News reported that the Ministry of Corporate Affairs sent a letter to Byju's asking them to explain the non-filing of its audited financials for the year ending March 2021. In March 2022, it signed a contract with Qatar Investment Authority to establish a new edtech company and an R&D centre in Doha. In January 2022, the company joined Simplilearn, Unacademy, upGrad, PrepInsta Prime and Vedantu to become one of the founding members of IAMAI's India EdTech Consortium. ![]() By 2019, 60% of BYJU’S students were from non-metros and rural cities. ![]() In the same year, Byju's became India's first edtech unicorn. By 2018, it had 15 million users out of which 900,000 were paid users at that time. In 2017, they launched Byju's Math App for kids and Byju's Parent Connect app. In August 2015, the firm launched Byju's: The Learning App. In 2012, the firm entered Deloitte Technology Fast 50 India and Deloitte Technology Fast 500 Asia Pacific ratings and has been present there ever since. In initial days the company focused on offering online video-based learning programs for the K-12 segment and for competitive exams. Byju, an engineer by profession was coaching students in mathematics since 2006. Ltd, a company which was established by Byju Raveendran, Divya Gokulnath and a group of students in 2011. History Byju's CEO Byju Raveendranīyju's app was developed by Think and Learn Pvt. As of April 2023, the company claims to have over 150 million registered students. As of Sept 2023, Byju's was valued at $5.1 billion. It was founded in 2011 by Byju Raveendran and Divya Gokulnath.
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