BYJU 'S - wikipedia BYJU 'S The neutrality of this article is disputed. Please do not remove this message until conditions to do so are met. ( June 2018 ) This article contains content that is written like an advertisement. Please help improve it by removing promotional content and inappropriate external links, and by adding encyclopedic content written from a neutral point of view. ( April 2018 ) BYJU 'S - The Learning App is the popular brand name for Think and Learn Private Ltd., a Alipur - based Educational technology ( edtech ) and online tutoring firm. It was founded in 2011 by Byju Raveendran at Alipur, Karnataka, India. In fact, Byju himself comes from a small village in Kerala, Azhikode. BYJU 'S was the first investment in Asia from the Chan Zuckerberg Initiative. It is considered to be one among the only few Indian consumer startups that has gone global, particularly with the 2017 acquisition of TutorVista. Contents 1 Products and Services 2 Financials and Ownership 2.1 Acquisitions 3 See also 4 External Links 5 References Products and services Their flagship product is a smartphone app named BYJU 'S - The Learning App that has been available since August 2015. The App serves educational content mainly to school students from classes 4 to 12 ( primary to higher secondary level education ). The company trains students for competitive examinations in India such as IIT - JEE, NEET, CAT, IAS as well as for international examinations such as GRE and GMAT. The main focus is on mathematics and science, where the concepts are visually explained and in context using modern digital animations and moving illustrations, all embedded within short videos ( 15 - 20 minutes long ). The app has received criticism for a few issues such as lack of depth in some areas, overly simplistic treatment of some basic topics, and lack of within - lecture student - teacher interaction. In spite of the adverse critical opinion and competition from other players ( including Edtech startups and traditional education firms ), the app has enjoyed tremendous popularity. BYJU 'S reports to have over 15 million users overall and about nine lakh paid subscribers on an annual basis and an annual retention rate of about 90 %. Financials and ownership BYJU 'S operates roughly on a freemium business model where a paid subscription is required for most of the content. As of April 2018, the company has raised around $244 million. The major investors and stakeholders include Chan Zuckerberg Initiative ( CZI ), Sequoia Capital, Sofina, Lightspeed Venture Partners, Verlinvest, Aarin Capital and Times Internet ( Times of India group ). This was the first investment from CZI ( co-funded by Facebook founder Mark Zuckerberg and Priscilla Chan ) in Asia. As per the company filings with the Ministry of Corporate Affairs, BYJU 'S became a unicorn and is valued at US $ 1 billion ( INR 6,505 Crore ) in March 2018. In FY 2016 - 17, BYJU 'S saw its revenue more than double and its losses increase by 10 % as compared to the last financial year 2015 - 16. Gross revenue for FY 2016 - 17 jumped to $36 Mn ( INR 247 Crore ) from $16 Mn ( INR 110 Crore ) in the previous year, clocking a 124 % Year - on - Year growth. On the expense front, BYJU 'S total expenses grew by 87 % from $23 Mn ( INR 156 Crore ) to $43 Mn ( INR 291 Crore ), while in FY15 - 16 this increment was 104 %. Acquisitions In June 2017, BYJU 'S acquired the online education businesses of TutorVista and Edurite from Pearson, the world 's leading educational and publishing company. See also Khan Academy TutorVista Hello English Embibe EduKart Vedantu Entri Imarticus_Learning Genext Students External Links Official website `` 10 Indian Education Startups to Look Out for in 2017 '' `` 34 Indian Tech Startups That Have The Potential To Enter The Unicorn Club '' `` ( What The Financials ) With ARR Of $9.30 Mn And CAGR Of 75 % - BYJU 'S To Breakeven In Less Than 2 Years '' References ^ Jump up to : Heath, Alex ( September 8, 2016 ). `` Mark Zuckerberg leads $50 million investment in Indian education startup ''. Business Insider US. Retrieved November 24, 2017. ^ Jump up to : Chakraborty, Sayan ( 2017 - 09 - 21 ). `` Byju 's : Swipe and learn from this near - unicorn ''. Forbes India. Retrieved 2017 - 11 - 24. Jump up ^ Warrier, Shobha. `` 2 lakh to 3300 crore : The BYJU 's Classes success story ''. Rediff. Retrieved 2017 - 11 - 24. ^ Jump up to : Dwivedi, Vinay ( 2016 - 06 - 13 ). `` Why Byju Raveendran 's firm is leading in the educational technology space ''. The Economic Times. Retrieved 2017 - 11 - 24. Jump up ^ Karnik, Madhura ( 2016 - 07 - 27 ). `` India 's largest edu - tech startup was built by an engineer who aced CAT for fun -- twice ''. Quartz. Retrieved 2017 - 11 - 24. Jump up ^ Shree, Shilpa ( 2016 - 09 - 09 ). `` How Byju 's fills the biggest gap in Indian education ''. Forbes India. Retrieved 2017 - 11 - 24. ^ Jump up to : Das, Ankan ( 2018 - 04 - 13 ). `` ( What The Financials ) With ARR Of $9.30 Mn And CAGR Of 75 % - BYJU 'S To Breakeven In Less Than 2 Years ''. Inc42 Media. Retrieved 2018 - 04 - 19. Jump up ^ `` Byju 's raises $50 m from Chan Zuckerberg Initiative, others ''. The Hindu Business Line. 2016 - 09 - 08. Retrieved 2017 - 11 - 24. Jump up ^ Bhatia, Gauri ( 2016 - 12 - 07 ). `` How this Indian start - up shrugged off a slowdown and snagged cash from Mark Zuckerberg ''. CNBC. Retrieved 2017 - 11 - 24. Jump up ^ Anupam, Suprita ( 2018 - 03 - 14 ). `` The Rise Of India 's Billion - Dollar Club : Edtech Startup BYJU 'S Turns Unicorn ''. Inc42 Media. Retrieved 2018 - 04 - 19. Jump up ^ Das, Ankan ( 2018 - 04 - 13 ). `` ( What The Financials ) With ARR Of $9.30 Mn And CAGR Of 75 % - BYJU 'S To Breakeven In Less Than 2 Years ''. Inc42 Media. Retrieved 2018 - 04 - 19. Jump up ^ Dhamija, Anshul ( July 3, 2017 ). `` Byju 's acquires TutorVista and Edurite from Pearson ''. Forbes India. Retrieved 2017 - 11 - 24. Retrieved from `` https://en.wikipedia.org/w/index.php?title=BYJU's&oldid=850416131 '' Categories : Educational websites Online education Educational technology companies Virtual learning environments Hidden categories : NPOV disputes from June 2018 All NPOV disputes Articles with a promotional tone from April 2018 All articles with a promotional tone Talk Contents About Wikipedia Add links This page was last edited on 15 July 2018, at 18 : 37 ( UTC ). Text is available under the Creative Commons Attribution - ShareAlike License ; additional terms may apply. By using this site, you agree to the Terms of Use and Privacy Policy. Wikipedia ® is a registered trademark of the Wikimedia Foundation, Inc., a non-profit organization. About Wikipedia

Question: who is the founder of byju's app
Answer: Byju Raveendran