Hurun Global Rich List 2022: Jumping 916 ranks over the last two years and with a wealth of US$3.3 billion, Byju Raveendran and family have been ranked as the 3rd third richest entrepreneur from the education sector in the world.
This year, Byju’s acquired Aakash Educational Services for US$1bn, acquired Great Learning for US$600mn, and acquired US-based digital reading platform Epic Games for US$500mn.
BYJU’S The Learning App is an edtech startup founded by Bjyu Raveendran in 2011. Son of physics and mathematics teachers from Azhikode town in Kannur district of Kerala, Byju Raveendran was a math teacher who turned an entrepreneur.
The edtech company is valued at around $4 million–$6 million, making Byju one of the richest young entrepreneurs in India. It has about 12,000 employees and trainees.
BYJU’S has been backed by investors like Mark Zuckerberg and Tencent. The BYJU’S application, focused on school children from grades one to twelve (K-12), has enlisted a total of over 64 million downloads.
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