New Delhi. We know the stories of Tata, Ambani, Birla, but leaving the fascination of jobs in multinational companies, the idea of teaching only online has brought the valuation of a company of two lakh rupees to about 90 thousand crore rupees. This is the story of India’s second largest startup online learning app Byju’s and its founder Byju Raveendran. In a conversation with News18, he told how the idea of bringing education on the online platform achieved such a huge success. Not only this, when all the schools, coaching and colleges are closed during the Corona period, then how is the BYJU’S app teaching the students…
Know the story of Byjus from Ravindran in his own words…
“My friends were preparing for competitive exams. They wanted to study with me, so I guided them. They liked my method and cracked the exam. On their suggestion, we tried this idea in a workshop for 100 students. Further Walked and did a session for 20,000 students simultaneously in the stadium. During this I found that there was a huge difference in the way students learn. They were cramming just because of the fear of exams. So we came up with the idea that using technology To inculcate in them a love for learning through application. With this in mind, we formed Think and Learn Pvt Ltd in 2011. Then launched the BYJU’S app in August 2015. Today we have over 40 million subscribers, of whom 2.8 million Paid Subscriber.
Now let me tell you about my team. My students helped me expand my classes when we were in the initial stages. These students later formed the core team of the company and this team is now running all the important functions of the company from content development, sales and marketing., The team at BYJU’S has only one addiction, that is to inculcate the habit of learning addiction in our students. This passion can be seen in the company from top to bottom.
I am an engineer by profession, an entrepreneur by chance and a teacher by choice. I never planned to start my work as a business. I simply followed my passion and invested my strength to fulfill it. Later it became a business. No business can be run by the passion to earn money, rather the passion to change the society is more important. I think that The real fun here is not in building a billion dollar company, but in creating a billion thinkers and learners.
By the way, I want to tell you that I did not do any business. That’s why me and my team learn by doing. We learned the art from business model to expansion and raising funds. Anyway, we do the work of teaching, then we also learn and do entrepreneurship.
These days I don’t get as much time to teach as before, but I am glad that many of my students are doing better than me today. We have teachers who are better than me today. Teaching is one of the most creative and powerful jobs. Teachers have a lifelong impact on children, from helping shape their minds to giving them a launch pad for their thoughts and imaginations.
I want to say to my young friends that when you do what you love and are passionate about, then you are self motivated. Must have the ability to think big, aspire high, plan and execute fast. If you are passionate about your idea, then work hard from the beginning.”
FIRST PUBLISHED : January 20, 2021, 16:24 IST