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Byju's Turns Profitable In 8 Years, Gears Up To Enter Us In A Big Way | Business Standard News

by business-standard.com posted 2weeks ago 11 views
First Indian consumer-tech start-up to achieve feat; sales soar 186% in a year. : India’s top education platform Byju’s on Thursday announced it has achieved profitability, a first in the consumer internet start-up space. The eight-year-old Bengaluru firm said its sales in FY19 were Rs 1,430 crore ($21 million), up 186 per cent over the last year, enough for the firm to churn out a small profit on a full-year basis. It did not reveal the bottom line. In FY18, Byju’s had Rs 500 crore turnover and a loss of Rs 37 crore.

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