THE NEW PATH

Arjun Mohan, a former student of Byju Raveendran and ex-CEO of upGrad, has taken on the role of India head and is leading a restructuring Raveendran has withdrawn from day-to-day operations to focus on corporate-level matters, including settling the $1.2-billion term loan Mohan has assumed control of operations, and is focussing on igniting a cultural shift in Byju’s sales strategies Online and offline verticals are being merged into two primary lines of businesses—K12 and test prep—resulting in 3,500 more job cuts Byju’s has also set up a working group consisting of promoters and top investors in an effort to improve the relationship with key stakeholders…

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

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