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Economic Times

Economic Times

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Byju’s India CEO Arjun Mohan resigns, founder Raveendran to return to helm daily ops

Arjun Mohan, CEO for Byju's India, is stepping down from his role after just six months. This comes as the edtech firm faces challenges with investors and a deepening crisis. Byju Raveendran, the founder, will now take control of the company's daily operations. Mohan led the clean-up of the company's workforce and was involved in the restructuring, but the firm still faces financial issues, including pending salaries for employees. Raveendran plans to consolidate the India business into three divisions: App & AI, test preparation, and tuition centers.

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