Byju’s CEO Arjun Mohan resigns; Raveendran to take over after 4 years

BENGALURU: Just six months after assuming CEO role at Byju’s, Arjun Mohan has resigned from his position and founder Byju Raveendran will resume daily operational responsibilities after nearly four years.

After becoming CEO, Mohan had announced a restructuring exercise and the company fired nearly 4,000 employees. He will transition to an external advisory role. Also, Raveendran is spearheading the daily operations at a time when the company is facing many legal challenges and cash crunch. Over the past four years, he had focused mainly on strategic aspects such as raising capital and driving global expansion. He will be involved in the company’s day-to-day functioning.