Edtech giant upGrad's CEO Arjun Mohan steps down after 3-year stint

Company's consolidated net loss widened three-fold to Rs 627 crore in FY22

Arjun Mohan, CEO of edtech giant upGrad’s, has stepped down after a three-year stint and at a time when the sector faces funding challenges and layoffs.

“After almost 3 years at the helm, I have decided to move out of upGrad. While I look back on the years at upGrad, I feel happy about the incredible company we have built which helped so many working professionals upskill. The aspects of growth and other metrics were just outcomes of giving the customers what they aspired for,” Mohan said in a LinkedIn post.

“I started my journey in education sector in the year 2008