Ed-tech big BYJU’s CEO Arjun Mohan resigned after a six-months stint on the firm following which founder Byju Raveendran will take over the agency’s day-to-day operations, the corporate stated on Monday.
Following the transfer, the corporate has introduced a significant rejig of the enterprise that may consolidate its enterprise into three targeted divisions -The Studying App, On-line courses and Tuition centres, and Check-prep.
“The adjustments observe an in depth seven-month operational assessment and price optimisation train led by outgoing BYJU’S India CEO Arjun Mohan. This new part may even see Byju Raveendran taking a extra hands-on method in spearheading the day by day operations of the corporate,” the corporate stated.
Mohan will now transition to an exterior advisory function, lending his deep edTech experience to the corporate and its founders throughout this transformation part. Over the previous 4 years, Raveendran had targeted totally on strategic facets akin to elevating capital and driving international growth.
“With this new organisational construction and with the return of Byju Raveendran because the operational chief, BYJU’S is now well-positioned to start its subsequent chapter of innovation-led development by launching at scale its new suite of AI-first merchandise which have already acquired an overwhelmingly constructive suggestions within the pilot part,” the assertion stated.
(With inputs from PTI)
ALSO READ | Defined: From startup star to monetary wrestle, the rise and fall of Byju’s
ALSO READ | Byju’s faces money crunch, asking staff to make money working from home: Particulars right here
