A Byju’s brand is seen on this illustration taken, June 22, 2023.
| Photo Credit: Reuters
Byju Raveendran, the founder of the edtech firm Think and Learn, which owns the Byju’s model, will deal with the firm’s day-to-day operations following the resignation of CEO Arjun Mohan, the corporate mentioned on April 15.
The firm has additionally introduced a serious rejig of the enterprise that can consolidate its enterprise into three centered divisions – the educational App, on-line 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 mentioned.
Mr. Mohan will now transition to an exterior advisory function, lending his experience to the corporate throughout this transformation section.
Over the previous 4 years, Mr. Raveendran centered totally on strategic elements resembling elevating capital and driving international 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 mentioned.
