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Byju's to invest Rs 1,500 crore in tuition centre expansion

Byju's aims to enroll one million students into this programme in the next two years
Last Updated 17 February 2022, 14:03 IST

Edtech firm Byju's on Thursday said it will invest about Rs 1,500 crore ($200 million) to set up 500 tuition centres across 200 cities in the country.

The company has launched 80 centres earlier under a pilot project where it offers both offline and online classes to students of class 4 to class 10.

"The launch of 'Byju's Tuition Centre' is a landmark moment for Byju's. Over the next 12-18 months, we will be investing Rs 1,500 crore to open these sites across India. We are also looking at strengthening our team," BYJU'S Chief Operating Officer Mrinal Mohit said in a statement.

Byju's aims to enroll one million students into this programme in the next two years and claims to create employment opportunities for over 10,000 people within a year of operations.

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(Published 17 February 2022, 14:03 IST)

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