Byju’s shifts focus to profitable growth: CEO to employees

Days after reporting a loss of Rs 4,564 crore in 2021 fiscal, Byju’s founder and CEO has told employees that India’s most valuable startup has already started shifting focus toward profitable growth, and revenue of $2 billion was within its sights. Byju Raveendran said the education provider clocked more than Rs 1,000 crore in sales in the last five months and is nearly 20 times the size of the next two competitors in the K12 (kindergarten through 12th grade) segment.