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Byju’s India CEO Arjun Mohan resigns as edtech firm splits biz into three divisions

EntrackrEntrackr · 1y ago
Byju’s India CEO Arjun Mohan resigns as edtech firm splits biz into three divisions
Medial

Arjun Mohan, the chief executive officer of Byju’s India operations, has stepped down from his position seven months after joining the edtech firm. His departure is part of the company’s efforts to restructure and streamline its businesses. In September 2023, Byju’s announced the appointment of Mohan as the CEO of India operations. He succeeded Mrinal Mohit then. Mohan, the former CEO of upGrad, had over a decade-old stint at Byju’s and was also the chief business officer at the Bengaluru-based firm between 2019 and 2020. Mohan will now transition to an external advisory role, lending his deep edtech expertise to the company and its founders during this transformation phase, the company said in a press release. As mentioned above, Byju’s has also announced a major reorganization of its businesses with an objective to streamline its operations and position the company. As part of this strategic shift, Byju’s is consolidating its businesses into three key divisions – The Learning App, Online Classes & Tuition Centres, and Test-prep. As per Byju’s, this new structure will enable each vertical to be nimbler, cost-efficient, and better equipped to capitalize on market opportunities while leveraging the power of its brand and ecosystem. Also, each of these units will have separate leaders who will independently run the businesses. “This reorganization marks the start of BYJU’S 3.0 – a leaner and more agile organization ready to quickly adapt to evolving market dynamics, especially in the realm of hyper-personalized education,” said Byju Raveendran, founder and group CEO, in a statement. The new phase will also see Raveendran returning as the operational leader as he takes over the company’s day-to-day functioning. Over the past four years, he had focused primarily on strategic aspects such as raising capital and driving global expansion. This is the second big transition at Byju’s group of companies in the past week. Recently, Aakash Educational Services, owned by Byju’s, appointed Deepak Mehrotra as its managing director and chief executive officer. However, the two companies are running independently as separate entities under the Think and Learn brand.

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