Saturday, 15 July 2023, Bengaluru, India
Both TV Mohandas Pai and Rajnish Kumar will be a part of Byju’s newly formed Advisory Board. According to the firm, this council will be key in advising and mentoring Byju’s Board and CEO, Byju Raveendran, on important issues that will affect the company’s future.
The two renowned thought leaders in finance and governance were appointed to the Advisory Council, underscoring BYJU’S dedication to advancing its financial governance framework and utilizing professional counsel to promote sustainable growth and strategic decision-making. The BYJU’S Advisory Board is ready to contribute new viewpoints and financial know-how to assist BYJU’S in keeping its position as a world leader in the ed-tech industry.
T V Mohandas Pai spoke on the occasion and stated that among the most amazing entrepreneurs he has dealt with in the startup ecosystem are Byju and Divya. They have grown to be the largest ed-tech firm in the world and one of the biggest companies in India since they first connected more than ten years ago. Pai also said that he could sense in them the desire to turn the organization into a prosperous business and make sure to fulfill their promise to this industry to be a category innovator and market leader.
Pai says that he looks forward to helping the leadership as a member of the advisory council on how to improve the systems of financial reporting and governance, as well as how to develop an organizational structure that can act as a robust framework for the company’s future.
Rajnish Kumar also offered his perspective on the matter. Rajnish said that his conversations with Byju and Divya gave him confidence that they are making earnest efforts to lead the governance structure of the firm in the right direction. Rajnish also believes that they have made an effort to get in touch with knowledgeable individuals who have a track record of managing significant corporations and who have a thorough understanding of governance concerns.
The business has grown to a sizable size in its revenue base, operations, and global presence, and it has accomplished an amazing growth trajectory, as per Rajnish. The other member of the advisory council also states that the business will be able to advance and keep making contributions to this extremely important area of education with the help of calibrated direction from knowledgeable advisers who have gathered to support these vibrant entrepreneurs.
With Rajnish and Pai giving their valid opinions and showing their concerns towards the working and governance of BYJUs, Divya and Byju also put forward their words regarding the situation the company is in.
“We are truly honored to welcome Rajnish Kumar and T V Mohandas Pai to the BYJU’S Advisory Council. Their decision to join this council is a resounding vote of confidence in our mission, vision, and strategic direction. Their unparalleled leadership experience and deep understanding of the finance and technology domains will greatly enrich our strategic initiatives and strengthen our governance. With their invaluable insights and expertise, we are confident that we will continue to have a transformative impact on the education landscape,” said the duo behind the success of BYJU’s – Divya Gokulnath and Byju Raveendran, Founders of BYJU’S.
A deserving winner of the coveted Padma Shri Award is T V Mohandas Pai. The successful term Mohandas Pai had as Infosys’ previous CFO and board member helped to establish his standing in the sector.
His extensive experience, which included serving on the boards of regulatory organizations, gave him exposure to the financial and legal worlds. He has shown a trailblazing dedication to social problems as the co-founder of Akshaya Patra, the largest midday food program in the world. It is noteworthy that his leadership of Aarin Capital, a reputable private equity firm and an early investor in BYJU’S, indicates his faith in the potential of the business.
Rajnish Kumar, a well-known personality in the banking industry, offers the Advisory Council a wealth of experience and knowledge. His outstanding leadership abilities, which he displayed while serving as the Chairman of the State Bank of India, were crucial in igniting transformational reforms inside India’s financial institutions. He is a crucial addition to the newly formed council due to his considerable expertise in running a tech firm at scale.