BYJU’S India chief executive officer (CEO) Arjun Mohan has stepped down just seven months after officially taking on the role, marking yet another top exit from the troubled edtech firm.
BYJU’S Founder and Group CEO, Byju Raveendran, will take “a more hands-on approach in spearheading the daily operations” of the edtech company, while Mohan will transition to an external advisory role, the firm said.
“Arjun has done an outstanding job steering BYJU’S through a challenging period,” Raveendran said.
Structural reorganisation
The beleaguered edtech firm has also announced a reorganisation aimed at streamlining operations. It is consolidating its businesses into three focused divisions: the learning app, online classes and tuition centres, and test prep.
Each of these units will be led by separate leaders who will independently oversee the businesses to ensure sustainable profitability, BYJU’S noted. This new structure will enable each vertical to be nimbler, cost-efficient, and better equipped to capitalise on market opportunities, it added.
“This reorganisation marks the start of BYJU’S 3.0—a leaner and more agile organisation ready to quickly adapt to evolving market dynamics, especially in the realm of hyper-personalised education,” Raveendran, said.
“By focusing on our core strengths with three specialised business units, we will unlock new growth opportunities while continuing to focus on profitability,” he added.
Edited by Swetha Kannan
