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Byju’s to dismiss 4,000 employees post CEO switch
Mumbai: One of India’s largest ed-tech startups, Byju’s, plans to give pink slips to about 4,000 employees, suggest media reports. This decision comes in light of the appointment of Arjun Mohan as the company’s new CEO for India.
As per this round of layoffs, senior executives will be under the radar; the firm is looking at cutting high expenses related to senior management.
Media reports bring out that there is a concern at Byju’s with regard to the cash flow, and this step will help resolve the same by the end of October.
Byju’s also plans to reduce the overlays between its online and offline staff and its staff in its regional sales offices. Instead of 19 regional offices, the company will now have offices only at four or five locations.
Mohan was roped in as the new India chief on 20 September. He is a former upGrad executive who had previously worked at Byju’s, and will be responsible for over 75 per cent of the company’s revenues. Though he joined Byju’s a month ago, he has been working with them in an informal capacity for a while.
Byju’s parent company Think & Learn Pvt. Ltd, excluding the subsidiaries, had over 19,000 employees, including contract staff, at the end of August. Post layoffs, this is expected to be reduced to 15,000.
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Emami names Dhruv Aggarwal as chief growth officer
Former Bain partner steps in as FMCG firm sharpens growth playbook
MUMBAI: Emami Limited has appointed Dhruv Aggarwal as its chief growth officer, effective 25 March 2026, following the resignation of Giriraj Bagri.
Aggarwal joins the FMCG major from Bain & Company, where he most recently served as partner. With over two decades of experience across consulting and strategy, he brings a global perspective shaped by work across India, the US, the UK and Germany.
During his tenure at Bain, Aggarwal advised consumer, retail and media companies on large-scale transformations, business turnarounds and growth strategies. He was also closely involved with India’s startup ecosystem, guiding early-stage ventures on scaling and digital expansion, while supporting private equity and venture capital firms on investment decisions.
His earlier stints include a brief role at Barclays Capital and operational experience at Jindal Power, giving him a mix of financial and industry exposure.
Academically, Aggarwal holds an MBA from Indian Institute of Management Bangalore and has also been associated with University of Illinois Urbana-Champaign as a PhD candidate and teaching assistant.
The appointment comes at a time when Emami Limited is looking to sharpen its growth strategy in a competitive consumer market. With a seasoned strategist now at the helm of growth, the company appears set to double down on transformation and expansion in the months ahead.
