A man walks past an advertising hoarding of Byju's, an Education Technology company and one of India's biggest startup, outside one of its branch in New Delhi, India, June 23, 2023.
Byju's parent Think & Learn's operating losses fell 6% to 24 billion Indian rupees ($288.67 million) for its core online education business, while revenue more than doubled to 35.5 billion Indian rupees ($426.99 million) for the year ended March 31, 2022.
"The takeaways from a uniquely belligerent year, which included nine acquisitions, are life-long learnings," Raveendran said in a statement.
Last September, Byju's filed its 2021 numbers after a 17-month delay.
($1 = 83.1400 Indian rupees)Reporting by M. Sriram; Editing by Michael PerryOur Standards: The Thomson Reuters Trust Principles.
Persons:
Adnan Abidi, Byju Raveendran, Raveendran, Byju's, MBAs, Sriram, Michael Perry
Organizations:
Education Technology, REUTERS, Rights, Deloitte, Atlantic, Reuters, Thomson
Locations:
New Delhi, India, Rights MUMBAI, Prosus, Blackrock