After a loss of over  <span class='webrupee'>₹</span>4500 crore, Byju Raveendran says focus now on profitable growth

Byju Raveendran said the education provider clocked more than  <span class='webrupee'>₹</span>1,000 crore in sales in each of the last five months and it is nearly 20 times the size of the next two competitors in the K12 (kindergarten through 12th grade) segment.

Byju’s Reports Widening Losses After Prolonged Audit Delay

The company reported a 13-fold widening in losses in the year through March 2021, with net losses swelling to 45.7 billion rupees ($575 million) as it boosted spending to bolster growth. Sales were little changed from the previous 12 months however, at 24.3 billion rupees.

Byju's likely to raise over $500 million at $23 billion valuation

Byju's is in discussion with Abu Dhabi's Sovereign Wealth Funds (SWF) and Qatar Investment Authority (QIA) for raising in the range of USD 400-500 million and USD 250-350 million, respectively, according to the sources.

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After a loss of over ₹4500 crore, Byju Raveendran says focus now on profitable growth

Top Byjus News

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After a loss of over ₹4500 crore, Byju Raveendran says focus now on profitable growth

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