BusinessNews

India’s Youngest Billionaires are Byju’s founders Raveendran and Divya Gokulnath 

India’s Youngest Billionaires are Byju’s founders Raveendran and Divya Gokulnath 

According to Forbes India Rich List 2020, Byju Raveendran and Divya Gokulnath were ranked forty six on the listing and have a combined net worth of $3.05 billion (approx Rs 22.3 thousand crores).

Byju Raveendran, a former math tutor, together along with his spouse Divya Gokulnath based the online ed-tech agency, Byju’s in 2011.

Byju’s has a consumer base of 30 million college students from class four to twelve mainly from India. The app has seen a complete of sixty four million downloads.

In June, Byju’s mastering app entered the decacorn league (decacorn is a incredibly new organization that is worth at least $10 billion) after its valuation has soared to $10.five billion amidst the COVID-19 pandemic.

Byju’s buyers consist of Mark Zuckerberg Tencent and Tiger Global. In 2019, Byju have become the latest face in the Forbes Billionaire listing, with a net worth of $1.nine billion.

After finishing his engineering, Byju used to educate his buddies maths or different students who want assist with math. He could additionally put together college students to seem for entrance tests just like the common entrance exam (CAT).

In 2003, while he seemed for CAT he scored 100%. After 2 years, he determined to pursue coaching as a full-time job.  In 2011, he set up Think & Learn to offer on-line instructions to students, earlier than launching the principle app in 2015.

Divya Gokulnath, his spouse was one of Byju Raveendran’s early college students. She has a bachelors in Biotechnology from RV College of Engineering in Bengaluru. After finishing her bachelor’s, Divya had plans for Masters and became making plans to use to universities abroad. When attempting to find a person to assist her sharpen her maths abilties for GRE, she heard of Byju Raveendran’s lessons from a friend.

After finishing her GRE exam, Raveendran requested Divya to strive a hand at coaching. After which she took many lessons in Maths, English, and Reasoning.

After receiving her result of GRE and getting admissions to universities withinside the US, she determined to live back. Divya is now one of the board participants and allows Byju run the agency.

Related posts
News

Cabinet Approves ₹10,000 Crore Startup India Fund of Funds 2.0 to Supercharge Venture Capital for Innovation

The Union Cabinet, led by Narendra Modi, has given the green light to a major new initiative aimed…
Read more
News

From AI to Bharat: Startup Summit Signals New Phase for India’s Innovation Landscape

Fortune India’s Startup Summit 2026 in Bengaluru drew founders, investors, policymakers and…
Read more
News

Embed brings next frontier of cashless ecosystem to US$11 billion Indian amusement industry

Embed brings next frontier of cashless ecosystem to US$11 billion Indian amusement industry At…
Read more
Newsletter
Become a Trendsetter
Sign up for Davenport’s Daily Digest and get the best of Davenport, tailored for you.