Byju’s Revenue and Usage Statistics (2020)

What is Byju’s?

Byju’s is an India-based edtech company founded in 2012 providing online learning programs for K3, K10, K12, NEET, JEE, UPSC & Bank Exams with personalized video lessons, tests, and one-on-one mentorship programs from experienced teachers.

Website: https://byjus.com/me/

Founded Date: 2012

Founder: Byju Raveendran 

Google Play: Store Link

App Store: Store Link

Byju’s Revenue Statistics 

  • Byju’s valuation was $11.1 billion as of September 2020. 
  • Byju’s has become the first edtech startup to cross $2 billion in investments from as many as 17 rounds from 21 investors. (BusinessLine)
  • Byju’s plans to generate $140 – 150 million in profit margin in this fiscal year. 
  • Byju’s doubled its revenue to around $370 million (₹2,800 crore) in the year ending March 2020. (Business Insider
  • Byju’s 2019 revenue for the financial year that ended in March 2019 was $188.8 million with a net profit of $2.8 million. (Techcrunch)
  • Byju’s plans for an IPO in the next 24 to 36 months. (BusinessLine)
  • Byju’s learning app reported a gross revenue of over 14 billion Indian rupees in financial year 2019, almost triple the revenue of the financial year 2018. (Statista)

Byju’s Usage Statistics 

  • As of September 2020, Byju’s learning app added more than 25 million new students to its platform due to lockdown. 
  • As of September 2020, Byju’s learning app has a total of 70 million registered students and 4.5 million paid users. (BusinessLine)
  • As of September 2020, Byju’s had more than 2 million downloads worldwide in Google Play. (Sensor Tower)
  • As of May 2020, students, who used to spend 70 minutes on the app per session and come back twice-thrice a week, started to spend 100 minutes per day. (Business Insider
  • In 2019, the number of registered users was 40 million, while there were 2.8 million paying subscribers. (Techcrunch)
  • 30% of Byju’s user base is coming from top 100 towns in India and 40% of its paid subscribers are from top 10 cities in India. (BusinessLine)

Written by Maya Robertson

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