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Sunday, Jun 15, 2025
As a part of BYJU’S central restructuring plans, the company had given its Thiruvananthapuram staff the option to relocate to Bangalore as certain teams were being consolidated for better efficiency.
The company has also confirmed that it has no plans to leave Kerala, amid speculations over shutting down its firms in the state.
Byju Raveendran said the education provider clocked more than Rs 1,000 crore in sales in each of the last five months.
Byju's first came on board back in 2019 when mobile manufacturer Oppo transferred the sponsorship rights to the online tutorial firm.
While BYJU's has already opened offline tuition centres, Unacademny has announced to open coaching centres nation-wide, starting with Kota in Rajasthan which is the coaching hub for engineering entrances.
Covid-19, which wreaked havoc across the globe in the last two years, came as a boon for online businesses, particularly online education, which saw BYJU's, and later, WhiteHat Jr, growing in leaps and bounds.
Financial details of the agreement were not announced.
The Edtech major reportedly has about 12,000 employees and trainees.
The upcoming ISL season will see the two brands step into their second year as partners.
The startup also announced Rs 1 crore for each of the other five individual medallists, who brought laurels to the country at the Tokyo Olympics.
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