The Return of Byju Raveendran While CEO Arjun Mohan Steps Down

Byju Raveendran is reasserting control over Byju's, the embattled edtech company, as he resumes the role of CEO, taking the control back from Arjun Mohan, who stepped down on April 15. Mohan's departure comes just 10 months after he was roped in to lead Byju's' international business.

Leadership Transition 

Raveendran will now oversee daily operations, the company said in a statement. Mohan will transition to an external advisory role, it added. Byju’s source confirmed TICE about the news. Raveendran is returning at the helm after a gap of four years.

“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.

Arjun Mohan was appointed the CEO of Byju's India operations on 20 September 2023, replacing Mrinal Mohit who was a close aide of Byju's Founder Raveendran Byju. 

For quite some time, BYJU's has been making headlines in the media due to several controversies and fiasco at top management level.

Arjun Mohan was the founding team member and previously served as the Chief Business Officer at Byju's. Arjun Mohan rejoined the company last year working closely with Byju Raveendran. During his time away from BYJU’S, Arjun played a pivotal role in spearheading UpGrad, showcasing his entrepreneurial acumen in the edtech sector.

Strategic Reorganization 

BYJU'S today announced a major reorganization to streamline its operations and position the company for long-term success. As part of this strategic shift, BYJU'S is consolidating its businesses into three focused divisions - (1) The Learning App (2) Online Classes & Tuition Centres, and (3) Test-prep.

This new structure will enable each vertical to be nimbler, cost-efficient, and better equipped to capitalize on market opportunities while leveraging the power of the BYJU'S brand and ecosystem. Each of these units will have separate leaders who will independently run the businesses sustainably to ensure profitability.

Operational Review 

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.

 BYJU'S 3.0 “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.

Raveendran's Hands-On Approach 

This new phase will also see Byju Raveendran taking a more hands-on approach in spearheading the daily operations of the company. Over the past four years, he had focused primarily on strategic aspects such as raising capital and driving global expansion.

Next Chapter of Growth With this new organizational structure and with the return of Byju Raveendran as the operational leader, BYJU'S is now well-positioned to begin its next chapter of innovation-led growth by launching at scale its new suite of AI-first products that have already received an overwhelmingly positive feedback in the pilot phase.

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