Let's learn how Ravindran Ranade was a company of millions …
The company started with the idea of â€‹â€‹teaching tuition- Ravidran did not have his own idea of â€‹â€‹coming to teaching. Behind this idea there were friends and students, which they initially started teaching. The team of the first eight members had laid the foundations of this big brand.
>> Asia's highest-valued tech company – Tencent, in July last year, evaluated the valuation of biazus at around Rs 26,000 crore. So at this time this company is possible to be more than that.Read also – Learn how a bankrupt laborer becomes the owner of Bata Company!
Baiju Ravindran who raised the 40 thousand crore rupees in 8 years
>> Due to being an engineer, there was a natural interest in Biju's towards mathematics. The expertise of this subject made them popular among students quickly. In this way, they realized their strength and then tried their best to raise it further.
>> This is the reason that many of his students, including Arjun Mohan, Vice President, Marketing Affairs, left the IIM and joined them in this startup. His wife and company director Divya Gokulanath also teaches mathematics and biology. They also met during Teaching.
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39 thousand crore company- Education Technology Company Biazus has raised fund of $ 15 million with the help of Qatar government fund. In this period of investment, San Francisco's Owl Ventures also got involved.
Shahrukh Khan, advertising actor of the Boyzus App
>> The deal cost $ 5.7 billion (Rs 39,900 crore) in the deal. With this, Beijus became the fourth most valuable private internet company in the country after Flipkart, PettyM and Ola. In the last one year, the value of the company has increased in every round of investment.
>> Baiju Ravindran, who had studied at the village school, had never even dreamed that his startup would become so big that Bollywood superstar Shahrukh Khan would advertise for him. But it all became possible in a few years.
Earning crores of tax with online tuition- His company name was also named after him. The yearly earnings through Biuju's online coaching company has reached Rs 260 crore. Byejus is now advertising strongly through TV and digital media and Shahrukh Khan is leading the campaign. In the next 3 years, the company has raised its revenue from Rs 260 crores to Rs 3250 crores.
Just 2 lakh rupees was started from the beginning
Such a company started- By completing his engineering, Byju started his job in a shipping company. At the same time some of his friends had to take an MBA examination. For this preparation, he sought the help of Baiju. Baiju tried to help in the preparation of the examination and thus his teaching started. Better results opened the door to success for them.
>> Pooja Bijju of Dhun started coaching with only 2 lakh rupees. In the year 2011, he opened his startup by the name of Boyzus. Initially, Byju had to go to many cities to get a class. After looking at this, he thought why he could not reach the same place and reach all his students.
>> In this way, for the first time in 2009, he started the online video based learning program for CAT. Their company is offering online coaching to students of class IV to class 12. In 2015, he launched the BYJU's app, which was a huge hit.
> Some content under BYJU's A is free, but fees for advance level are to be paid. At this time 40 lakh students are associated with Boyzus, which has about 7 lakh paid subscribers. 1000 employees are also working in BaiJous. 90% of total revenue is coming from BYJU's app, while the share of revenues coming from foreign users is 15%.
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