BJP's Kalyan Choubey withdraws, clears way for Maniktala assembly bypoll
Arjun Mohan, who served as the CEO of edtech giant Byju's for the past seven months, has resigned from his position. The company founder, Byju Raveendran, will now take the helm of day-to-day operations, as announced in a company statement on Monday.
Byju's also revealed a significant restructuring, consolidating its business into three key divisions: The Learning App, Online Classes and Tuition Centers, and Test-prep. Each division will have separate leaders focusing on management and sustainable growth.
Following his resignation, Arjun Mohan will transition into an external advisory role, providing his expertise in EdTech to the company and its founder during this phase. Byju Raveendran is set to take a more active role in the company's daily operations.
With this organisational reshuffle, Byju's aims to enter its next phase of growth and innovation, referred to as BYJU's 3.0. The company is also planning to launch a suite of AI-first products that have shown promising results during pilot phases.