Representative image | Photo: AFP
Kochi: One of the largest EdTech Companies in the world, Byju’s owned by Malayali entrepreneur Byju Raveendran is set to mark new heights in offline tuitions.
The company is aiming to start 20 tuition centres in Kerala alone, four of which have started functioning. These are located in Kochi, Thrissur, and Thiruvananthapuram. The tuition centres will be equipped to teach mathematics and science for students from classes 4 to 10.
“We have USD 200 million to invest over the next two years for use in exponential expansion of the 'Tuition Centre model. We have now 100 centres in 23 cities but by December we will have 500 centres across 190 cities. The next year's expansion plan is not yet frozen," Head of Byju's Tuition Centres, Himanshu Bajaj said.
Byju's Tuition Centre is a programme for students that brings together the best of offline and online learning experiences, the company said, taking a shift from its online-only model since November last year.
The professional who worked with management consultancy firm Kearney leading its Consumer and Retail practice across Asia-Pacific and other management roles, he aims to enrol some 2.5 to 3 lakh students in the hybrid tuition model in near distant future.
Without disclosing revenue targets, Bajaj said the model focuses on all boards of education for students between grade 4 to 10 and monthly fees ranges between Rs 3,500-4,000 per month.
All centres will be company owned and company operated for standardised teaching model.
(With inputs from PTI)