Byju Raveendran, a former school teacher, joins Indian billionaires' club
- Raveendran’s entry into the billionaires’ club comes after Think and Learn scored $150 million in funding in July
- Byju’s valuation hit $5.7 billion after latest funding round; his learning app is riding the smartphone and edutech boom
India’s newest billionaire is a former classroom teacher who developed an education app that’s grown to a valuation of almost $6 billion in about seven years. Byju Raveendran joined the rarefied club after his Think & Learn Pvt scored $150 million in funding earlier this month. That deal conferred a value of $5.7 billion on the company in which the founder owns more than 21%, people familiar with the matter said.
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