Byju's founder Raveendran to take over firm's daily operations after CEO Mohan's resignation
New Delhi (PTI): Founder of the edtech company Think and Learn, which owns the Byju’s brand, Byju Raveendran will handle the firm’s day-to-day operations following the resignation of CEO Arjun Mohan, the company said on Monday.
Following the move, the company has announced a major rejig of the business that will consolidate its business into three focused divisions -The Learning App, Online classes and Tuition centres, and Test-prep.
“The changes follow an extensive seven-month operational review and cost optimisation exercise led by outgoing BYJU’S India CEO Arjun Mohan. This new phase will also see Byju Raveendran taking a more hands-on approach in spearheading the daily operations of the company,” the company said.
Mohan will now transition to an external advisory role, lending his deep edTech expertise to the company and its founders during this transformation phase.
Over the past four years, Raveendran had focused primarily on strategic aspects such as raising capital and driving global 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,” the statement said.
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Bypoll results will decide the future of Congress in Karnataka: BJP leader Ashoka
Bengaluru (PTI): Leader of Opposition BJP in the Karnataka Assembly R Ashoka said the results of the bypolls in Davanagere South and Bagalkote assembly constituencies will decide the future of the ruling Congress in the state.
The bypolls were necessitated following the demise of sitting Congress MLAs Shamanur Shivashankarappa and H Y Meti, who represented Davanagere South and Bagalkote constituencies respectively.
The ruling Congress has fielded Shamanur Shivashankarappa’s grandson and Karnataka Minister S S Mallikarjun’s son Samarth Shamanur in Davanagere South and Umesh Meti in Bagalkote, who are locked in a direct contest with BJP candidates T Dasakariyappa and Veerabhadrayya Charantimath.
According to Ashoka, there is a contest between the poor and the rich in the upcoming bypolls, scheduled on April 9.
"The Congress will lose this election, and the future of the state will be decided. Since Chief Minister Siddaramaiah has said ‘Make the poor win’, the BJP has fielded poor candidates,” the BJP leader said in a press conference.
In Davanagere, the BJP has given a ticket to an ordinary person, whereas Congress has given tickets to powerful and influential people. In Bagalkote, there is a very good opinion about the BJP candidate, he claimed.
According to him, the Congress has given space to dynastic politics in both places. Therefore, the BJP has a strong chance of winning in both constituencies.
The LoP said if the Congress candidate wins in Davanagere, it is understood that Muslims will not get opportunities in the future, and therefore, Muslims are opposing the Congress party.
He also charged that Chief Minister Siddaramaiah, who talks about uniting backward classes, has not given a ticket to backward class candidates.
