Byju’s India CEO Arjun Mohan Resigns, Founder Byju Raveendran to Lead Daily Operations
Beleaguered edtech giant Byju’s announced the exit of CEO Arjun Mohan on April 15 amid a major reorganisation. Founder and Group CEO Byju Raveendran will now spearhead day-to-day functioning as the firm looks to streamline operations.
In a significant shakeup at one of India’s leading edtech companies, Byju’s bid farewell to its India CEO Arjun Mohan on April 15. This announcement comes amidst a broader reorganization effort aimed at bolstering the company’s operational efficiency and strategic direction. Byju Raveendran, the company’s founder and Group CEO, will step in to oversee daily operations, marking a pivotal transition period for the educational technology behemoth.
“The changes follow an extensive seven-month operational review and cost optimization exercise led by outgoing Byju’s India CEO Arjun Mohan. 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 stated in a press release.
Mohan’s departure from the role of CEO signals a strategic pivot for Byju’s, which has been grappling with challenges amid a rapidly evolving educational landscape exacerbated by the COVID-19 pandemic. Byju’s, known for its innovative approach to learning and widespread adoption across India and beyond, has faced mounting pressure to address operational inefficiencies and adapt to changing market dynamics.
Under Mohan’s leadership, Byju’s undertook a comprehensive review of its operations, aiming to streamline processes and optimize costs to better position the company for sustained growth. His transition to an advisory role underscores the company’s commitment to leveraging his wealth of experience and insights to navigate the ongoing transformation.
Meanwhile, Byju Raveendran’s expanded role reflects his unwavering commitment to the company’s mission and vision. As the visionary behind Byju’s meteoric rise, Raveendran is poised to lead the company through its next phase of evolution, leveraging his entrepreneurial acumen and industry expertise to drive innovation and deliver value to students, educators, and stakeholders alike.
With Raveendran at the helm of daily operations, Byju’s aims to capitalize on emerging opportunities in the edtech space while addressing pressing challenges head-on. The company remains steadfast in its dedication to revolutionizing the way students learn and ensuring access to quality education for all, reaffirming its position as a pioneering force in the global education technology landscape
