This Is Why Byju Raveendran's Last 6 Months Were 'toughest', Reveals Wife
BYJU's Co-founder and Director Divya Gokulnath on Tuesday revealed that the last six months were super tough for her husband Byju Raveendran, not only on the professional front, but also in his personal life as he couldn't sleep well because his father was fighting late-stage cancer.
In a LinkedIn post, she said that Raveendran was travelling around the world twice, sometimes thrice, a week to be by his father's side as much as he could.
"These two teachers fought this tough battle the same way they had fought all the other challenges - together, with positivity and perseverance. Byju is relaxed today because a critical surgery last week went well," Gokulnath posted.
After six stressful and tough learning months, Raveendran has said that "the worst is finally over" and there is only "growth ahead" as seen in the company's FY22 financial results.
The edtech major has also paid the remaining dues of nearly Rs 1,983 crore (over $245 million) to global VC firm Blackstone in the $1 billion acquisition of Aakash Educational Services.
Gokulnath also said that her husband's daily routine has not changed in the last 10 years.
"He works hard every day, cares deeply about his family, even more about those who work with him, and the most about the purpose of his existence," she wrote.
"We did not suddenly appear out of nowhere. It has taken a lot of hard work to make learning effective and engaging. We have come a long way but we have a longer way to go," said Gokulnath, who founded BYJU's in 2011 along with Raveendran.
In her last week's LinkedIn post, she mentioned that while BYJU's reported Rs 4,500 crore loss in FY21 due to accounting change, (or Rs 12.5 crore loss daily), "we made Rs 27 crore in revenue per day in FY22".
--IANS
na/arm
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Revoluts Australian Banking Licence Game Changer
Revolut has spent much of its life insisting that it is more than a bank. In Australia, it has now decided that becoming... Read more
The AI Bank Is Coming, But Who Controls The Risk?
Artificial intelligence is no longer something banks discuss as a distant possibility. It is already working behind the ... Read more
ClearBank UK Profit Leads To European Growth
ClearBank has spent much of the past decade building the technology and regulatory infrastructure needed to challenge so... Read more
Bank Of London Continues To Rebuild
ClearBank’s progress shows that modern clearing and banking infrastructure can become a sizeable and profitable busine... Read more
JPMorgan's Berlin Moment: Chase Takes On Europe
There is something quietly symbolic about JPMorgan Chase choosing Berlin as its gateway into continental Europe. In a fo... Read more
What Strategy's Bitcoin Sale Really Tells Us
There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more