Arjun Mohan steps down as Byju’s CEO
Seven months after taking over as CEO of the edtech company Byju’s, Arjun Mohan has stepped down from his position. Founder Byju Raveendran resumed the daily operational responsibilities. Mohan will transition to an external advisory role.
“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,” Byju Raveendran, Founder and Group CEO.
It is reported that Mohan was hopeful regarding the top job at Aakash but the role has been taken up by former Pearson India MD. With reduced business in Byju's and no role in Aakash, Mohan has decided to look for other opportunities in edtech.
The change in the top position comes at a time when the company has consolidated its operations into three focused divisions – The Learning App, Online Classes & Tuition Centres, and Test-prep. All the three units will have separate leaders who will independently run the businesses sustainably to ensure profitability as the company continues to battle severe cash crunch issues.
“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,” Raveendran added.
In September of 2023, embattled Byju’s brought in a new leadership transition in what it called as ‘Byju’s 2.0’.
Arjun Mohan, took charge and led the business restructuring after bidding farewell to its India CEO Mrinal Mohit, a founding employee and former student of Founder Byju Raveendran.
Earlier, Mohan held the position of Chief Business Officer at Byju’s and quit the company in 2020 to join Ronnie Screwvala's upskilling unicorn upGrad as its CEO. Earlier in July, he returned to Byju's to head its international business but the company had not made any official announcement then.
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