Our Investors
Dr. Priscilla Chan and Mark Zuckerberg , Chan Zuckerberg Initiative (CZI)
Chan-Zuckerberg Initiative
The Chan Zuckerberg Initiative (CZI), founded by Mark Zuckerberg and Dr. Priscilla Chan, envisions advancing human potential and promoting equality. It is closely aligned with our value proposition. We are thrilled to be the first ever Asian company to have their backing. In the words of Vivian Wu of CZI, âThe Chan Zuckerberg Initiative supports innovative models of learning wherever they are around the world. BYJUâS represents an opportunity to help even more students develop a love for learning and unlock their potentialâ.
G V Ravishankar, Sequoia Capital India
Sequoia Capital India
Sequoia believes in âhelping the daring build legendary companiesâ. At BYJUâS we have dared to democratise access to education in India in a way thatâs never been done before and make millions fall in love with learning. G V Ravishankar, Managing Director of Sequoia Capital India had stated that âBYJUâS will be Indiaâs Biggest Education Story.â And, we are glad to have achieved that status within the two months of our partnership. Alliance with Sequoia has been extremely beneficial for us. Their team has always been extremely supportive and lent us immense guidance for the business to develop and grow.
Mary Meeker, General Partner at BOND
Bond
Bond is a venture capital firm that supports visionary founders throughout their life cycle of innovation and growth. In the words of Mary Meeker, General Partner at BOND, âWe are happy to partner with an investor like BOND. This partnership is a testament to the role that BYJUâS is playing in helping students learn better by customizing our platform to their abilities. It also demonstrates the rising global interest in education technology as digital learning becomes increasingly accepted and embraced.â
Silver Lake
Silver Lake
Silver Lake is a global technology investment firm, with approximately $75 billion in combined assets under management and committed capital and a team of investment and operating professionals based in Menlo Park, New York, London, Hong Kong, Cupertino and San Francisco. In the words of Greg Mondre, Co-CEO of Silver Lake, âWe are delighted to lead this investment and partner with Byju and his impressive team of education technology pioneers in their mission to help children in India and around the world achieve their true potential. We look forward to working with them as BYJUâS builds on and accelerates its compelling growth trajectory by forging new partnerships and continuing to cultivate a comprehensive ecosystem of innovative educational offerings.â
BlackRock
BlackRock
BlackRock, Inc. is an American multinational investment management corporation based in New York City. Founded in 1988, BlackRock is the worldâs largest asset manager, with $7.81 trillion in assets under management as of end-Q4 2020. At BYJUâS, partnerships like these reaffirm our commitment to build and transform the global learning landscape through technology, innovation and quality pedagogy.
Sands Capital Management, LLC
Sands Capital Management
Sands Capital is an active, long-term investor in leading innovative businesses, globally. Their approach combines rigorous fundamental analysis with inspired thinking to identify innovative, high-quality businesses that are creating the future. Through strategies designed to concentrate investment in these businesses, Sands Capital serves the long-term growth objectives of institutions and fund sponsors in more than 40 countries. We are delighted to have them on board.
Alkeon Capital Management, LLC
Alkeon Capital Management
Alkeon Capital Management, LLC is a privately owned registered investment adviser. The firm invests in the global equity markets and employs long and short equity strategies to make its investments. Alkeon Capital Management was founded in 2002 and has offices in New York, San Francisco and Hong Kong. We are thrilled to partner with them on our journey to revolutionize education.
Maxence Tombeur, Sofina
Sofina
Sofina has shown its belief in the company which is changing the way the world will learn. It has backed us at a time where we are accelerating to the next level. We are happy that Maxence Tombeur shares our vision of revolutionising education and is there to guide us.
Nicholas Cator, Executive Director, Verlinvest
Verlinvest
Verlinvest is a private Belgian family investment company, specializing in growth capital. One of the largest private investors in branded consumer companies in the F&B, retail & hospitality, consumer digital and education segments, we are delighted to have them on board. Nicholas Cator, the Executive Director at Verlinvest says, âWe are very happy to partner with the talented team at BYJUâS to expand in India and abroad. A 1:1 learning experience is a dream ratio, and BYJUâS offers personalized learning to an extent which we havenât seen in any product across the globe. We look forward to supporting the management team to expand to new markets and to further build the brand.â
Hongwei Chen, Executive Director of Investment and M&A at Tencent
Tencent
Tencent believes in evolving with the Internet by investing in innovation, providing a mutually beneficial environment for partners and staying close to users. Every day, hundreds of millions of people communicate, share experiences, consume information and seek entertainment through their integrated platforms. Our shared vision of transforming education has helped leverage our expertise in creating effective tech-enabled learning programs and create unique learning programs for students globally. Hongwei Chen, Executive Director of Investment and M&A at Tencent says, âBYJUâS has emerged as the clear leader in the Indian education-tech sector. We are excited to be partnering with Byju Raveendran on this exciting journey.â
Russell Dreisenstock, Head of International Investments, Naspers Ventures
Naspers Ventures
Naspers is a global internet and entertainment group and one of the largest technology investors in the world. Russell Dreisenstock, Head of International Investments, Naspers Ventures says, âNaspers partners with high-potential companies that are tackling big societal needs like education, which represents a significant sector ripe for disruption across the globeâ. He believes that BYJUâS is perfectly positioned to provide an effective complementary education solution for students across India. The partnership will enable the companyâs success in India to translate across borders in any country where students are looking for an innovative and engaging form of education beyond the classroom.
Canada Pension Plan Investment Board (CPPIB)
Canada Pension Plan Investment Board (CPPIB)
Canada Pension Plan Investment Board (CPPIB) is a professional investment management organization and has invested $8 billion of capital in India across multiple sectors. This partnership will propel our long-term sustainable growth plan across content, subjects, languages and geographies. In the words of Frank Su, Head of Private Equity Asia at CPPIB, âBYJUâS is a leader at the intersection of education and technology and has established a market-leading position. We are excited about the investment, and look forward to a successful partnership in the future.â
Sandeep Naik, Managing Director and Head of India & Asia-Pacific, General Atlantic
General Atlantic
We are happy to have General Atlantic as one of our strong partners. This global growth equity firm, headquartered in New York will help us strengthen our vision to build worldâs most personalized and unique learning products for students across grades. This partnership will help us boost our product and tech R&D and expand into newer markets. âGeneral Atlantic firmly believes in helping high quality companies achieve long-term success. We are confident that BYJUâS will redefine the learning landscape for students globally,â says Sandeep Naik â Managing Director and Head of India & Asia-Pacific for General Atlantic. We are excited to work with General Atlantic and further our mission of making millions fall in love with learning.
Scott Shleifer, Partner, Tiger Global Management
Tiger Global
Tiger Globalâs is a leading investor in global Internet, technology, telecom, media consumer and industrial sectors. Scott Shleifer, Partner, Tiger Global says, âBYJUâS has emerged as the leader in the Indian education-tech sector. They are pioneering technology shaping the future of learning for millions of school students in India. We are excited to support Byju and the team.â
Mansoor Bin Ebrahim Al Mahmoud, Chief Executive Officer, Qatar Investment Authority
Qatar Investment Authority
QIA is known as a world class investor, with a strong track record of investing in different asset classes, from listed securities, property, in all the major capital markets as well as the newer emerging markets. Mansoor Al-Mahmoud, CEO of Qatar Investment Authority says, âThis partnership with BYJUâS, underscores QIAâs strong commitment to the education sector and our focus on investing in leading innovators globally.â
Amit Patel, Managing Director, Owl Ventures
Owl Ventures
Owl Ventures is a Silicon Valley based venture capital fund that invests in the worldâs leading education technology companies. Amit Patel, Managing Director, Owl Ventures says, âBYJUâS has been at the forefront of providing quality auxiliary education to new-age learners in India. This new partnership with BYJUâS reinforces our commitment to creating the best and most unique learning journeys for every student.â
Dev Khare, Managing Director, Lightspeed India Partners Advisors
Lightspeed Venture Partners
Lightspeed is known for backing several education technology companies in the US, China and India. Dev Khare, Managing Director, Lightspeed India Partners Advisors states, âI am confident that BYJUâs market leading offerings are unique and transformational. Their products are specifically geared with a differentiated pedagogy to the needs of Indiaâs 250 million students.â We are humbled and encouraged by his vote of confidence to do better and more.
Satyan Gajwani, Vice Chairman, Times Internet
Times Internet
Times Internet sees us as the company whose mission is to empower everyone who aspires to learn. It is exciting to be backed by Satyan Gajwani, Vice Chairman, Times Internet at a time when we are working towards expanding our presence across national and international geographies.
Left to Right: Ranjan Pai & Mohandas Pai, Aarin Capital
Aarin Capital
Ranjan Pai and Mohandas Pai of Aarin Capital (Manipal Group) have backed us and guided us. They have always believed in our vision of revolutionizing and transforming the learning sphere and have supported us at every step.
Ruchira Shukla, Regional Lead, Venture Capital Investments at IFC
IFC
IFC plays a critical role in driving economic and social development in the country. Thus, education is an important sector for them. Partnering with IFC has helped us to further accelerate our efforts to make quality education accessible for students across the nation as well as in international markets. Ruchira Shukla, Regional Lead, Venture Capital Investments at IFC, says, âIFCâs venture capital strategy in the EduTech space is focused on technology enabled learning platforms for academic improvement, skill development platforms as well as supplemental and low cost education solutions. BYJUâS is the market leader in the 4-12 segment offering engaging content and building conceptual clarity by identifying and addressing studentsâ learning gaps.â
BYJUâS In News
FAQs
Who is BYJU's investors? âș
Byju's has raised a total funding of $5.5 billion from investors like Sumeru Ventures, Vitruvian Partners, BlackRock, Chan Zuckerberg Initiative, Sequoia, Silver Lake, Bond Capital, Tencent, General Atlantic, Tiger Global, and QIA. The firm has over 150 million learners.
Who is the biggest Investor In BYJU's? âșDate | Investors | Amount |
---|---|---|
Mar 2019 | General Atlantic Tencent | $11.5m Valuation: $4.0b |
Jul 2019 | Qatar Investment Authority | $150m Valuation: $5.8b |
Jan 2020 | Tiger Global Management | $200m Valuation: $7.8b |
Jun 2020 | Bond | $23m Valuation: $10.5b |
BENGALURU -- India's largest online education startup, Byju's, has raised $250 million from a clutch of existing investors, including Qatar's sovereign wealth fund, the company announced on Monday, just a week after it said it was cutting about 2,500 jobs.
Is SRK an investor in Byjus? âșShah Rukh Khan, one of India's biggest film stars, has been the brand ambassador of the startup since 2017. According to sources, SRK gets Rs 3-4 crore annually for endorsing Byju's.
Is BYJU's overvalued? âșPerring said at the time that Byju's business was âunsoundâ and âovervalued.â Sofina Group has invested just over US$1 billion in the edtech firm, which represents 12% of its investment portfolio.
Is BYJU's a listed company? âșByju's is planning to launch its initial public offering in the next 18 to 24 months.
Is BYJU's company in loss? âșNew Delhi: Days after reporting a loss of Rs 4,564 crore in the 2021 fiscal, Byju's founder and CEO has told employees that India's most valuable startup has already started shifting focus toward profitable growth and revenue of $2 billion was within its sights.
Who owns Byjus now? âș2022 India's Richest Net Worth
Byju Raveendran cofounded online edtech company Byju's in 2011 with his wife Divya Gokulnath. Raveendran has a significant stake in Byju's, together with wife Divya Gokulnath and brother Riju Raveendran.
âWe are excited to have Tencent on board with us. This makes our strong investor portfolio even more diverse," said Byju Raveendran, founder and CEO, Byju's. Tencent Holdings is a Hong Kong Stock Exchange-listed holding firm that owns a plethora of companies in the media, entertainment and internet commerce space.
Which company first invested in BYJU's? âșOwl Ventures is a Silicon Valley based venture capital fund that invests in the world's leading education technology companies. Amit Patel, Managing Director, Owl Ventures says, âBYJU'S has been at the forefront of providing quality auxiliary education to new-age learners in India.
How many shares does BYJU's have? âș
The shareholding pattern held by various individuals is 82.51 per cent. Byju's founder and Chief Executive Officer Byju Raveendran holds 50.34 per cent.
Why did BYJU fail? âșThe company's quick international expansion and aggressive acquisition strategy have caused doubts in investors, according to the report. Meanwhile, Byju's has also cut staff and budgets as the EdTech sector has been hit hard by students returning to physical schools.
Is BYJU's in profit? âșByju's, which is valued at $22 billion, said last week it had earned Rs 2,428 crore in revenues in FY21 and incurred a loss of Rs 4,588 crore. The adjusted revenue of Byju's in FY20 was Rs 2,511 crore and the adjusted loss was Rs 300 crore.
Is Byjus a startup? âșHe is India's youngest billionaire with a net worth of $3.05 billion as per the Forbes list of India's 100 Richest People (2020). BYJU's The Learning App was launched in 2015 and is currently noted as the most valuable startup from India with a valuation of $22 bn.
What is the salary of BYJU's? âșSalaries at Byju's range from an average of âč331,810 to âč1,579,271 a year. Byju's employees with the job title Software Engineer make the most with an average annual salary of âč868,593, while employees with the title Business Development Executive make the least with an average annual salary of âč376,040.
How many employees does BYJU have? âșByju's is expected to lay off around 2,500 employees â around 5% of its 50,000- strong workforce â as it looks to achieve profitability by March 2023, the company said last week.
What is BYJU's full name? âșByju Raveendran is the founder of edutech start-up Byju's. Son of physics and mathematics teachers from Azhikode village in Kannur district of Kerala, Raveendran is a former teacher who turned an entrepreneur.
Who owns Byjus now? âș2022 India's Richest Net Worth
Byju Raveendran cofounded online edtech company Byju's in 2011 with his wife Divya Gokulnath. Raveendran has a significant stake in Byju's, together with wife Divya Gokulnath and brother Riju Raveendran.
Byju's, owned and operated by Think & Learn Pvt Ltd, announced its much delayed financial results for the financial year 2020-21 on September 14. The company's consolidated losses widened nearly 20 times to Rs 4,588.75 crore for the financial year ended March 2021 from Rs 231.69 crore in FY20.
Is BYJU's funded by China? âșâWe are excited to have Tencent on board with us. This makes our strong investor portfolio even more diverse," said Byju Raveendran, founder and CEO, Byju's. Tencent Holdings is a Hong Kong Stock Exchange-listed holding firm that owns a plethora of companies in the media, entertainment and internet commerce space.
Which company first invested in BYJU's? âș
Owl Ventures is a Silicon Valley based venture capital fund that invests in the world's leading education technology companies. Amit Patel, Managing Director, Owl Ventures says, âBYJU'S has been at the forefront of providing quality auxiliary education to new-age learners in India.