Ed-tech large 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 serious rejig of the enterprise that can consolidate its enterprise into three centered divisions -The Learning App, Online lessons and Tuition centres, and Test-prep.
“The changes follow an extensive seven-month operational review and cost optimisation exercise led by outgoing BYJU’S India CEO Arjun Mohan. This new phase will also see Byju Raveendran taking a more hands-on approach in spearheading the daily operations of the company,” the corporate stated.
Mohan will now transition to an exterior advisory position, lending his deep edTech experience to the corporate and its founders throughout this transformation part. Over the previous 4 years, Raveendran had centered totally on strategic points resembling elevating capital and driving world enlargement.
“With this new organisational 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,” the assertion stated.
(With inputs from PTI)
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