Edtech Unicorn upGrad’s CEO Arjun Mohan steps down after 3-year stint

Reported By: DNA Web Team| Edited By: DNA Web Personnel |Offer: DNA Web Desk |Up up to now: Jan 10, 2023, 10: 10 PM IST

Edtech Unicorn upGrad’s CEO Arjun Mohan steps down after 3-year stint (List: LinkedIn/Arjun Mohan)

Arjun Mohan, chief executive officer (CEO) of upskilling platform upGrad, has stepped down from his put up. His exit comes almost about after his three-year stint at the firm. 

In a LinkedIn put up, he wrote, “After nearly 3 years at the helm, I in actuality salvage determined to dash out of upGrad. While I inquire of again on the years at UpGrad, I in actuality feel cheerful about the improbable company now we salvage constructed which helped so many working professionals upskill.”

“The aspects of enhance and a complete lot of metrics had been precise outcomes of giving the customers what they aspired for. All thanks to the stellar team which trusted me and rallied within the again of me; we had been in a predicament to breach moderately a couple of milestones,” he added.

Mohan’s departure comes at a time when upGrad is reducing marketing costs and turning into profitable, Reuters reported. Earlier, he worked with edtech main BYJU’S for over 11 years till 2020.

The firm’s ideal expense in FY22 turned into once on promoting and promotions, for which the corporate spent Rs 393 crore in FY22. Earlier the firm had launched it would hire extra than 1,400 other folks between November 2022 and March 2023 in India and for locations of work outside.

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