In what seems to be series of damage-control moves, troubled edtech Byju’s made three significant appointments today.
Ex-SBI head and current board chair of fintech BharatPe, Rajnish Kimar and former Infosys CFO Mohandas Pai will guide the crisis hit edtech on the composition of its board and governance structure, Byju’s said.
Apart from the above two, the company has also brought back its former senior executive Arjun Mohan, back into the fold, as per Economic Times, citing multiple sources. The sources have added that Mohan has been given the role of chief executive of the company’s international business unit, but might also have additional responsibilities.
The company, which has lately been in the news for all the wrong reasons, witness resignations from three key investors – Prosus (earlier Naspers), Chan Zuckerberg Initiative, and Peak XV Partners (previously Sequoia Capital India) – which left only Raveendran, cofounder Divya Gokulnath and Riju Ravindran on the board.