With school learning app, Byju’s, surpassing expectations with regard to its earned revenue in FY 2018-2019, the company is all set to earn an approximate revenue of Rs.3,000 crore in FY 2019-2020. According to a statement from the company, Byju’s has improved its penetration in the country and have increased their paid–subscriber base significantly. In FY 2018-2018, the company tripled its revenue and earned a whopping Rs.1,430 crore.
With 2.4 million annual paid subscribers and 35 million registered students, Byju’s are earning a monthly revenue of Rs.200 crore, and they expect to hit the Rs.3,000 crore mark by the end of the current financial year. Currently, Byju’s is valued at $5 billion.