Following the resignation of CEO Arjun Mohan, Byju Raveendran, the founder of the edtech company Think and Learn, which owns the Byju’s brand, will take over the day-to-day operations of the company, the company announced on Monday.
After this particular move, the company revealed a significant restructuring that will divide its operations into three distinct sectors: test-prep, online courses and tutoring centers, and The Learning App.

“The modifications come after a comprehensive seven-month operational assessment and cost-cutting initiative headed by departing CEO of BYJU’S India Arjun Mohan. Byju Raveendran will also take a more active role in managing the day-to-day operations of the business during this new phase, the company announced.

Mr. Mohan will now take on an external advisory position, providing the business and its founders with his extensive knowledge of edTech during this period of transition.

Byju Raveendran had largely concentrated on strategic matters over the previous four years, including securing funding and promoting international expansion.

“With this new organisational 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,” said the statement.