A HARD RESET

New CEO Arjun Mohan has hit the ground running at Byju’s, beginning a painful restructuring that the firm hopes will set its house in order

BY BINU PAUL

▶ IN MID-SEPTEMBER, Byju’s ushered in a leadership transition, bidding farewell to its India CEO Mrinal Mohit, a founding employee and former student of Founder Byju Raveendran, and handed the reins over to another former student, Arjun Mohan. This change of guard signalled the beginning of a crucial transformation in the 12-year-old education juggernaut. Mohan is not merely another protégé plucked from Raveendran’s pool of students to serve as a stopgap for optics. An alumnus of IIM Kozhikode, he helped Raveendran as a consultant for years before joining full time in 2016. He left the company in 2020 to become CEO of another edtech firm, upGrad, before rejoining Byju’s this July. He comes back at a time of intense turmoil as the company finds itself entangled in a legal dispute with its…

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Business Today (Digital) - 1 Issue, 29 October 2023

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