Today, Byju’s launches innovation hub called Byju’s Lab to provide cutting-edge technologies, incubate new ideas, and deliver breakthrough solutions. The innovation hub will be based out of the United Kingdom, US, and India. Byju’s Lab aims to assemble a productive team of high-caliber individuals to make tech-enabled education transparent and accessible to a large number of people.
The Lab will create entry-level and experienced jobs for Machine Learning (ML) and AI professionals. Byju’s wants to make digital learning more engaging, interactive, democratized, and personalized and empower students to become lifelong learners.
Byju’s is now a global company because of steady growth and international expansion. With the launch of Byju’s Lab, it is looking to hire a diverse set of candidates in the UK, US, and India. It wants to harness the global talent pool to leverage new technologies to impact the digital learning experiences across the world positively.
Dev Roy, Chief Innovations and Learning Officer, Byju’s said, “As we continue to grow and experiment, we will operate at the intersection of business and technology to make innovation real and relevant for our end-customers. We are looking at strengthening our team and look forward to working with bright and curious minds to transform the way children learn.”
Meanwhile, according to regulatory documents, Byju’s has raised about ₹2,200 crores in funding from a clutch of investors, including XN Exponent Holdings Ltd, Oxshott Venture Fund X LLC, and others. Funding from a slew of investors has placed Byju’s, a significant edtech, among the most-valued start-ups in the country. Byju’s has 6.5 million paid subscribers and over 100 million registered students. With the surging COVID-19 pandemic, the edtech space has seen strong growth in India and globally.