Build a startup in 6 months by reading 5-min reports

Every step of the startup journey explained succinctly. Join 1155 entrepreneurs and startup aspirants. Delivered in your inbox each Wednesday.

Thank you! You have subscribed to awesomeness :-)
Erm! Something went wrong while submitting the form.
< All founders' list
byju-raveendran

Byju Raveendran

CEO
Side Project
Doesn't Code
Founded:
Byju's
Year of founding:
2011
Current age:
39
Net worth:
$1.91bn

1. Background

Education: Bachelors of Technology, Mechanical Engineering

College: Government Engineering College, Kannur, Kerela

Previous Career:

Worked as a Globetrotting engineer (service engineer) at a shipping company

2. Origin Story

The Background

Both of Byju's parents were teachers. In hindsight, his passion to teach and build one of the largest ed-tech company in India originates from that, without a doubt. While working at a shipping company in Singapore, he used to have frequent trips to India. During his visits back home, he used to help his friends prepare for the Common Admissions Test (CAT) by teaching them math.


The Build

In 2005, he quit his job and started to teach math, full-time, to MBA aspirants. Within six weeks, he had 1200 students. By 2009, his popularity increased across the states, and so did the number of students willing to take his class. He started to record his lessons and broadcast it to students across 45 cities in India. In 2010, a few graduates from IIM suggested Byju to conduct online sessions to reach more students. As this required a structured approach to scale, he formed the company 'Think and Learn Pvt. Ltd.' the parent company of Byju's.


The Launch

Initially, the focus of the company was to offer courses for K-12. In 2011, they launched a mobile application (named Byju's - The Learning App) which immediately caught the attention of a lot of parents and students. This was the birth of Byju's.

3. Other interesting points

- He tutored 11th and 12th graders, while still in 8th grade.

- He was the Winner of the National Math Olympiad. He also cracked the Common Admissions Test (CAT) twice, both times with a 100 percentile score (CAT is an ultra-competitive admission test to get into elite Indian business schools, the IIMs).

- At one point, he used to take math classes for around 20,000 students across different cities such as Delhi, Bangalore, Mumbai, Chennai and Pune.

4. Quote

"Success is about making a positive impact. I am an engineer by chance, teacher by choice and an entrepreneur by chance. I did not start this to make money."

5. Company growth & sources (links)

Personal Story

How did they grow the company?

Sources

We currently don't have other relevant posts