Arjun Mohan, former CEO of UpGrad India, has returned to edtech giant Byju’s, taking on a role in the company’s international business unit, The Economic Times reports.
Mohan, who spent over 11 years at Byju’s before his stint at rival edtech firm upGrad, denied taking up the specific role of international business head but confirmed to the business daily that he is working with Byju’s founder Byju Raveendran on multiple projects.
Return to Byju’s
Mohan’s return to Byju’s comes at a time when the company is undergoing a significant workforce retrenchment exercise in its global subsidiaries. Byju’s has acquired several overseas companies, including Tynker and Epiq, over the past few years.
Before joining upGrad in April 2020, Mohan had a long tenure at Byju’s, where he last served as the chief business officer. He also has experience working at several Tata group companies. Mohan left UpGrad in January 2023.
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Challenges at Byju’s
Meanwhile, Byju's has also been trying to negotiate with lenders to restructure a $1.2 billion (₹10,000 crore) term loan after breaching certain terms of the contract.
The Indian government has reportedly ordered an inspection of Byju’s account books following the resignation of Deloitte as auditor and the exit of three board members last month. The government will decide whether the case will be handed over to the Serious Fraud Investigation Office depending on the outcome of the investigation.
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