To streamline its operations and position the company for long-term success, BYJU’S has decided to set itself on a transformation journey for BYJU’S 3.0 and as a result, BYJU’S India CEO, Arjun Mohan, has transitioned to the role of an External Advisor after leading an extensive seven-month operational review and cost optimization exercise at the company.
In his new role as an External Advisor, Mohan will continue lending his deep EdTech expertise to the company and its founders during this transformation phase and Byju Raveendran, Founder and Group CEO, BYJU’S, will take a more hands-on approach in spearheading the daily operations of the company.
Over the past four years, Raveendran had focused primarily on strategic aspects such as raising capital and driving global expansion but recognizing the need for strong leadership during this challenging hour, he will now be deeply involved in the company’s day-to-day functioning, leveraging his expertise to steer BYJU’S towards its next phase of growth and innovation.
“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,” the company mentioned in a statement.
As part of setting out on this transformation journey, the ed-tech major has also decided to strategically consolidate its businesses into three focused divisions- ‘The Learning App’, ‘Online Classes & Tuition Centres’, and ‘Test-Prep’. Each of these units will have separate leaders who will independently run the businesses sustainably to ensure profitability.
According to the company’s statement, 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.
Prior to joining BYJU’S India as CEO, Mohan served as upGrad’s Chief Executive Officer from April 2020 to February 2023.
In his earlier stint with BYJU’S, Mohan served across various roles ranging from Consultant to VP- Marketing and Chief Business Officer for more than 11 years.
Before that, he was Associated with Titan Company as National Sales and Operations Manager for more than two-and-a-half years, starting June 2013 and as TAS Manager at Tata Services from June 2012 to June 2013.
Commenting on the organizational restructuring, Raveendran, Founder and Group CEO, BYJU’S, said, “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. By focusing on our core strengths with three specialized business units, we will unlock new growth opportunities while continuing to focus on profitability.”
“Arjun has done an outstanding job steering BYJU’S through a challenging period. We are grateful for his leadership and look forward to his continued contributions as a strategic advisor,” he added.