2 min read.Updated: 14 Sep 2022, 04:17 PM ISTLivemint
Further, Byju's said nearly 40% of its revenue in financial year 2021 was deferred to subsequent years due to adoption of a new revenue recognition
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Byju’s, the country’s most-valuable edtech startup backed by Tiger Global Management, on Wednesday reported gross revenue of around ₹10,000 crore in financial year 2022, after posting a revenue of ₹2,428 crore in the previous year. Revenue for the first four months of this fiscal year stood at ₹4,530 crore.
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