Byju's shares,pre-IPO shares
Your search to know all about Byju’s shares to invest in one of the best tech companies to reap huge benefits. Starting as a freemium tutoring app teaching students of classes 3 to 12, it became a multinational education tech company to become a unicorn in 2018 and a decacorn worth over 10 billion dollars by 2020. Only because of its high potential did the CZI or Chan Zuckerberg Initiative, founded by Meta for the first time, invest considerable amounts in an Indian company in 2019. As of 2023, Byju’s had over 150 million registered students learning for their IIT to IAS, NEET to GATE, and other exams apart from K-12 students. In its journey towards success in the last decade, it acquired many startups and leading ed-tech companies like Akash and others to become the top tech companies in India and raise Byju’s share price in the grey market to be one of the best investments.
In this blog, let us check all you need to know about Byjus shares and their continuous rise for investors like you to get high returns investing at the current Byjus stock price through the top broker to be safe, easy, and quick.
What are Byju’s shares?
Byju’s became the decacorn ed tech company within five years from its humble start in 2015. It is a free tutorial app that teaches students online how to succeed in challenging, competitive exams like IIT, NEET, and IAS. Byju’s shares are the unlisted shares of Byju’s in the grey market, as the IPO or initial public offering with SEBI has yet to be announced. It has a face value of Rs. 1, and with its high revenue and profit, Byju’s share price has been increasing in recent years. Its revenue has increased rapidly because of the continuous rise in student registration with Byjusto. From only Rs. 490 crores in FY 2018, it increased tenfold to over 5,298 crores in FY 2022 because of many acquisitions, including the Aakah acquisition in 2021. It is also expanding its unique educational model to over 15 countries, including the US, the UK, and the UAE. With the need for education increasing worldwide, especially in India, Byju’s stock price has grown in the long and short term.
What is the future of Byju’s share price?
Though Byju’s shares performed well in the grey market until 2023, there were a few issues to reduce its valuation. However, registered students increased from 15 million in 2018 to over 150 million in 2023 because of its high potential to provide high-quality online and offline education to be successful in many competitive exams. Hence, Byju’s share price will continue to rise after resolving the issues to give high returns to investors.
The above facts will end your search for knowing all about Byju’s shares, so you can buy them from the reputed online platform to make a high ROI or return on investment that is also safe.
Stockify is a premier platform offering exclusive access to pre-IPO shares, empowering investors to capitalise on high-potential ventures before they go public. With expert analysis and secure transactions, Stockify ensures a seamless and transparent pre-IPO investment experience, revolutionising the way investors navigate the private market.
