NEW DELHI: Three key executives have resigned from troubled edtech firm Byju’s as part of what the company has termed as a broader business restructuring.
Under the new structure, four of its verticals have been consolidated into two segments – K-10 and exam prep. Byju’s did not elaborate on the matter but said in a statement that the firm’s attempt to chart its path to profitability and sustainable growth necessitated the restructuring.
“At present, two very seasoned and senior leaders lead both verticals – Ramesh Karra leads the K-10 vertical, while Jitesh Shah leads the exam prep business. And as part of this reorganisation of businesses, Mukut Deepak, Prathyusha Agarwal and Himanshu Bajaj will be moving on,” the company said in a st…
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