Byju’s Founder Raveendran Steps into Daily Operations After CEO Resigns
In a significant development, Byju’s, the renowned edtech giant, has announced a leadership transition as its founder, Byju Raveendran, takes charge of the company's day-to-day operations following the resignation of CEO Arjun Mohan. Byju's founder Raveendran to take over firm's daily operations The decision comes alongside a strategic restructuring of the business, consolidating its operations into three distinct divisions: The Learning App, Online Classes and Tuition Centers, and Test-prep. This move marks a pivotal moment for Think and Learn, the parent company of Byju’s, as it embarks on a new phase under Raveendran’s direct leadership. The company highlighted that this decision follows a comprehensive seven-month operational review and cost optimization exercise led by outgoing CEO Arjun Mohan. As Mohan transitions to an external advisory role, his wealth of expertise in the edTech industry will continue to benefit the company and its founders during this transformativ...