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Online tutoring app Byju clocks in ₹1430 crore revenues in FY19

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Byju on Thursday said that it has almost tripled its total revenue to 1,430 crore for financial 2019, up from 490 crore revenue reported in FY18.

The company is a part of Think & Learn Pvt Ltd and also said in the press statement that it is now profitable.

Byju has crossed 200 crore in monthly revenue as per the company till April. The revenue is estimated at 3,000 crore by the end of this year, according to its press statement.

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BYJU’S is presently planning to create different programs in regional languages.

“60% of our students are from outside the top 10 cities. This high adoption rate is a clear indication that online learning is fulfilling a crucial need and is here to stay. We are also working on creating learning programs in multiple regional languages and we believe that this move will truly be a game changer in helping students learn in the comfort of their homes and in a language of their choice,” said Byju Raveendran, chief executive of BYJU’S in a statement.

 

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