37-Year-Old Former School Teacher, Byju Raveendran Is India’s Newest Billionaire
37-Year-Old Former School Teacher Is India’s Newest Billionaire
Byju Raveendran

A  former school teacher Byju Raveendran has become the latest billionaire in India after his education app “byju” has grown to be valued at almost $6 billion.

Byju became the newest member of the billionaire club in India after his company Think & Learn Pvt managed to raise $150 million in funding earlier July. This takes the total value of his company to $5.7 billion. The former school teacher owns 21 percent of the shares, which makes him a billionaire.

In the year 2020, Byju Raveendran will take his app, named after himself, to America, after finalizing a partnership deal with Walt Disney Co.

37-Year-Old Former School Teacher Is India’s Newest Billionaire
The BYJU’S learning app is demonstrated on a tablet

In the new app, popular Disney characters such as Elsa from Frozen, and Lion King characters, will teach mathematics and English to students of Grade one to three.

Disney stars will also star in animated quizzes, songs, games and stories.

India is going through a dramatic period of wealth creation and destruction. A new breed of self-made entrepreneurs is joining the ranks of the well-heeled, helping the country’s ultra-rich population grow at the world’s fastest pace. Raveendran, at least on paper, assumes his place among those parvenus thanks to his effort in internet education.

Raveendran was born in a village to school-teacher parents. He went on to become an engineer, and then a massively popular teacher, who’s talks would be attended by thousands in stadiums across India. He set up Think & Learn in 2011, and launched his app in 2015.

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