Byjus

Think and Learn Pvt. Ltd

Best funded Ed tech
Byju Raveendran
 Philo
● . Unfortunately, today it’s 100% spoon-feeding
in a lot of students’ cases, 100% learning for
exams and not the other way around. The other
way around is you learn such that exams are
taken care of. They are just part of the process
and not the end of it,” he explains.
 Oppurtunity

● There are about 20 million children between

Classes VI and XII in India who have access to
the Internet and take private coaching classes,
which translates to an addressable market
opportunity of about $2.5 billion, according to
research by consulting firm RedSeer
Consulting.
 Other Ed tech start up
● Byju is now, in a sense competing with US-
based global edtech companies like Coursera,
Udacity, and Udemy, and HotChalk, which at
$235 million is US’s highest funded edtech
company that was started in 2004. The title of
highest edtech company worldwide, however,
goes to China. It’s iTutorGroup stands backed
with $315 million funding.
 Investors
Aarin Capital,
Chan Zuckerberg Initiative,
International Finance Corporation (IFC),
Lightspeed India Partners Advisors,
Sequoia Capital India Advisors,
Sofina SA, and Times Internet Ltd and Brussels-
based family office Verlinvest SA.