Covid-19 impact: Edtech firm Byju's nears $1-billion revenue milestone

In FY20, the company posted a revenue of Rs 2,800 crore ($370 million), a 100 per cent growth over the previous fiscal.

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Byju's | Coronavirus | Lockdown

Bibhu Ranjan Mishra | Bengaluru Last Updated at August 13, 2020 06:06 IST

After earning the Decacorn status (start-ups that are valued at more than $10 billion) in late June, home-grown edtech firm Byju’s is now inching towards the $1-billion revenue milestone. Though that milestone may not be reached in FY21, Byju’s is certainly within kissing distance of it.

According to founder and CEO Byju Raveendran, the Bengaluru-based company has already hit a revenue run rate of Rs 6,000 crore ($802 million) on the basis of its revenues in July. And this does not include the revenues that are expected to come through its recent acquisitions. “We ...

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First Published: Thu, August 13 2020. 06:06 IST

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Covid-19 impact: Edtech firm Byju\'s nears $1-billion revenue milestone

Covid-19 impact: Edtech firm Byju's nears $1-billion revenue milestone

In FY20, the company posted a revenue of Rs 2,800 crore ($370 million), a 100 per cent growth over the previous fiscal.

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