India’s edtech startup Byju’s eyes $1 bn in revenue from home market

India’s edtech startup Byju’s is expecting to generate over $1 billion in revenue this year from India itself driven by a rapid growth in paying subscriber base. Byju’s is currently in talks with various local startups in the edtech space to bolster its overall portfolio. In India, Byju’s competes with companies like Eruditus, Unacademy, and Vedantu in the edtech space. The Edtech space in India is growing with all major players raising funds to grow operations this year. Vedantu also raised $100 million from US-based investment firm Coatue in July at a valuation of $600 million.

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