byju's Indian EdTech Giant Byju's Achieves Profitability Amid Rapid Growth Byju's reports a net profit of $2.8 million on $188.8 million in revenue for the 2019 fiscal year, marking a significant shift from its previous losses. The education startup attributes this success to a surging subscriber base, particularly in smaller Indian cities.
byju's Indian Edtech Giant Byju's Raises $150M for Global Expansion Byju's secures $150 million in funding led by the Qatar Investment Authority, pushing its valuation to $5.75 billion. The startup plans to use the capital to expand its learning app into the U.S., U.K., Australia, and New Zealand.
byju's Indian Education Giant Byju's Acquires U.S. Kids Learning Startup Osmo for $120M Byju's purchases Osmo to expand its blended learning capabilities for young children, paying $120 million in an all-stock deal. The acquisition aligns with Byju's goal to launch global English courses for kids aged three to eight.