BYJU'S launches new batches at 240 tuition centers; slashes tuition fees

Edtech firm Think & Learn, owner of BYJU'S brand, on Tuesday said it has started new batches for the 2024-25 academic session at 240 out of 262 BYJU'S Tuition Centres with reduced fees.

The company spokesperson said that batches at remaining 22 centres will start in another two weeks.

"BYJU'S Tuition Centres (BTCs), India's largest and strongest network of learning centres, have started batches for the 2024-25 academic session in full swing across their 240 locations. For the current academic year, BYJU'S has dropped the annual fee for BTCs to just Rs 36,000," the company said in a statement.

BYJU's earlier had 292 BTCs but had shutdown 30 of them by March.

Rajnish Kumar, Mohandas Pai to discontinue as Byju's advisors

Former SBI chairman Rajnish Kumar and ex-Infosys chief financial officer Mohandas Pai have decided to discontinue as members of Think & Learn's advisory council after a discussion with the founders, the edtech firm said on Sunday.

Raveendran Byju, the founder of Think & Learn which owns the Byju's brand, blamed a few foreign investors for delaying the company's revival, which included restructuring of the board, delay in financial results and resolving liquidity crisis by opposing the USD 200 million rights issue.

Think & Learn formed the advisory council in July 2023 to mentor and advise the edtech firm to come out of the crisis and improve governance.