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The company’s Co-founder and CEO
The move is aimed at streamlining the operations and positioning the company for “long-term success”.
“Mohan has done an outstanding job steering Biju’s through a challenging period. We are grateful for his leadership and look forward to his continued contributions as a strategic advisor,” Raveendran said.
The company has now decided to consolidate its business into three “focused” divisions — The Learning App, Online Classes & Tuition Centres, and Test-prep.
Each of these
“This reorganisation marks the start of
Facing a severe cash crunch, the edtech company in September last year elevated Mohan as the CEO of its India operations.
Mohan succeeded Mrinal Mohit, founding partner and the outgoing head of India business at the company, who embarked on a new journey to pursue personal aspirations.
“By focusing on our core strengths with three specialised business units, we will unlock new growth opportunities while continuing to focus on profitability,” said Raveendran.