BYJU’s today morning (Monday, April 15) announced that their CEO Arjun Mohan has resigned from the company and will now take on an external advisory role. The company said that it has announced a major reorganization to streamline its operations and position the company for long-term success. 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.
“This reorganization marks the start of BYJU’S 3.0 – a leaner and more agile organization ready to quickly adapt to evolving market dynamics, especially in the realm of hyper-personalized education,” said Byju Raveendran, Founder and Group CEO of the company. “By focusing on our core strengths with three specialized business units, we will unlock new growth opportunities while continuing to focus on profitability.” “Arjun has done an outstanding job steering BYJU’S through a challenging period,” he added. “We are grateful for his leadership and look forward to his continued contributions as a strategic advisor.”