Will Byju's be the next game changer ?

Byju's a unicorn company which came into limelight in this pandemic as students were not able to continue their traditional approach of learning so here comes our star, Byju's. By seeing this Byju Raveendran didn't miss this opportunity well he took it in his favour. By offering free classes this ed-tech attracted huge customer base in March 2020 from 14.37 million to 21.93 million in May, they gained large number of customers.

From this Byju's get a unbeatable 1st ranking among all Ed-tech companies followed by toppr and unacademy. This is a game like honey and bees, with all such attractive things investors get excited to invest in such start-ups. Recently Byju's gets an undisclosed amount of fund from Mary Meeker's Equity Fund at a valuation of $10.5 Billion. This is the second round of funding in the same year and in earlier funding round they received it from a US based company.

For expanding their customer base they are in advance talk with Doubtnut for acquisition at $100 Million to $150 Million. Doubtnut is an Ed-tech company providing services like solving math doubts just by uploading the image of the the problem and then student will get that solution over their screen. They are getting more of their engagements from small towns and cities of the country. So these are the things which made attractive to Byju's as they can expand in terms of geological by acquiring this startup. 

By all this thing we can see that Byju's is getting bigger and bigger everyday as this is the only company which surpassed the figure $10 Billion in valuation second startup which made this thing possible after Paytm.