Mukesh Ambani’s company Jio and Byju’s company promoting digital education have made it to the list released by Time magazine. Both companies have made significant contribution in their respective fields.
Live and byju’s
In the list of 100 most influential companies of the world released by Time magazine, two Indian companies have succeeded in making their place. This includes Reliance Industries’ digital arm Jio Platforms Jio Platforms and digital education promotion company Byju’s.
Jio has been selected in the category of innovators. It has been paired with companies such as Zoom, Adidas, TicketLock, IKEA, Moderna and Netflix. At the same time, Byju’s has been included in the category of companies capable of revolutionizing the market. It includes big companies like Tesla, Huawei, Shopify, Air BNB. Time magazine has released such a list for the first time.
Abani’s company Jio raised more funds
According to a magazine report, Jio, the company of India’s richest man Mukesh Ambani, had raised an investment of about $ 20 billion in the Corona period last year. In this, investment funds were collected from companies like Facebook, Google and Silver Lake. This investment of Jio is considered to be one of the biggest foreign direct investment deals in the history of the country.
Byju’s important role in digital education
Byju’s company has played an important role in promoting digital education. This is the second Indian company to be included in this list of Time magazine. Byju’s WhiteHat Jr., an app that teaches coding to children. And has successfully acquired Akash Educational Services, one of the largest coaching institute companies in the country. Along with this, the company also bought the educational gaming company Osmo of Silicon Valley in 2019.
Byju’s to become the most valuable startup
Byju’s is playing an important role in improving online education in India. The company is raising about $ 150 million from UBS Group AG. It is believed that this funding will make Byju’s most valuable startup in India. This company was started by Baiju Ravindran. In the last few years it has carved a distinct identity in the country.
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