Byju's CEO Arjun Mohan has stepped down from his role, transitioning to an external advisory position following an operational review and cost optimization exercise. Founder Byju Raveendran has taken over daily operational responsibilities, emphasizing the company's move towards a more agile and responsive structure in the education technology sector.
Raveendran praised Mohan for his leadership during a challenging period and expressed optimism about Mohan's continued contributions as a strategic advisor. The organizational restructuring signifies the beginning of BYJU'S 3.0, with a focus on adapting to changing market dynamics and enhancing personalized education offerings. As part of this transition, Byju Raveendran will take a more hands-on role in leading the company's daily operations to drive growth and innovation. The company's shift in leadership comes at a time when it has consolidated its operations into three main divisions, including The Learning App, Online Classes & Tuition Centres, and Test-prep, to streamline its focus and operations for future growth.