technology

Byju’s elevates Jiny Thattil to CTO replacing Anil Goel


Embattled edtech Byju’s on Monday wrote to its shareholders that it has appointed Jiny Thattil to replace outgoing executive Anil Goel as its new chief technology officer. Thattil, had been serving as a senior vice president of engineering of Epic, an acquired business of the Bengaluru-headquartered major.

The internal memo said that Thattil has successfully delivered large-scale consumer products for Byju’s global markets, adding that he had led large and geo-distributed engineering teams through various stages of growth and transformation while also contributing to post-acquisition integration of various subsidiaries of Byju’s.

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“Jiny’s extensive multi-product and multi-geography experience and demonstrated leadership skills make him the ideal candidate for this crucial role as we continue to rebuild for sustainability. This appointment is part of our ongoing strategic restructuring and reorientation of our leadership team to further enhance operational efficiency,” Byju’s said in its statement, signed as the investor relations team.

Byju’s did not immediately respond to ET’s request for comment on the development.

The departure of Goel, also former CTO of hotel aggregator startup Oyo, comes as Byju’s is undergoing a restructuring of its businesses to find financial stability in the face of collapsing term loan B and high cash burn, followed by incessant job cuts.

More to follow.

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