Edtech firm Byju's on Thursday said it will invest $200 million (about Rs 1,500 crore) to set up 500 tuition centres across 200 cities in the country.
The company has launched 80 centres earlier under a pilot project where it offers both offline and online classes to students of class 4 to class 10.
''The launch of 'Byju's Tuition Centre' is a landmark moment for Byju's. Over the next 12-18 months, we will be investing $200 million to open these sites across India. We are also looking at strengthening our team,'' BYJU'S Chief Operating Officer Mrinal Mohit said in a statement.
Byju's aims to enroll 1 million students into this programme in the next two years and claims to create employment opportunities for over 10,000 people within a year of operations.
(With inputs from PTI)
