Byju’s Founder Takes Charge: A New Era for the Company

Business View
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Byju’s Founder Takes Charge: A New Era for the Company

Assuming responsibilities as the Chief Executive Officer at Byju’s, Arjun Mohan resigned from his position after seven months. Following the move, the brand’s founder Byju Raveendran on Monday has decided to step into the role of handling Byju’s daily operations. The company has also declared a major reorganization that is ready to break down its business into three categories- The Learning App, Online classes and Tuition centers, and Test-prep. However, Arjun Mohan’s responsibilities will be translated into an external advisory role. 

The company in one of its statements said “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 new company and its founders during this transformation phase.” 

For the last four years, Raveendran has been looking after the strategic aspects of his business such as raising capital and driving global expansion, but now his work would require him to be involved in the day-to-day operations of the company and taking necessary and beneficial decisions for the brand’s well-being. The company also said, “With this new organizational structure and with the return of Byju Raveendran as the operational leader, BYJU’S is now well-positioned to begin its next chapter of innovation-led growth by launching at scale its new suite of AI-first products that have already received an overwhelmingly positive feedback in the pilot phase.”

Amidst the new changes being introduced, Byju Raveendran shared that the new reorganization would mark the beginning of BYJU’S 3.0. He further added that the platform would be a “leaner and more agile organization ready to quickly adapt to evolving market dynamics, especially in the realm of hyper-personalized education.” Besides, he also praised Arjun Mohan for the contributions he made to the company during a challenging period and how he drove Byju’s through tough days, sharing that the brand looks forward to his contributions as a strategic advisor. 

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The company’s statement said, “ This new phase will also see Byju Raveendran taking a more hands-on approach in spearheading the daily operations of the company…recognizing the need for strong leadership during this challenging hour, he will now be deeply involved in the company’s day-to-day functioning, leveraging his expertise to steer BYJU’S towards its next phase of growth and innovation.”

About CEO Arjun Mohan

Arjun had assumed the responsibilities as the company’s CEO in September 2023, replacing Mrinal Mohit. After working as Byju’s Chief Business Officer and then working at Ronnie Screwvala’s UpGrad as India CEO for two years, he led the business restructuring and clean-up of a large employee base and has also led Byju’s 2.0 business plan. He was also deeply associated with Byju’s -owned brick-and-mortar coaching business firm Aakash- its edtech asset.

About BYJU’S

Established in 2011, BYJU’S is an Indian multinational educational platform offering educational facilities to over 150 million registered students, as of 2023. The company is headquartered in Bangalore and was founded by Byju Raveendran and Divya Gokulnath.

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