Upgrad's CEO Arjun Mohan Steps Down

Chief executive officer of India's online education company UpGrad, Arjun Mohan has stepped down. The company's spokesperson confirmed this on Tuesday. This high level departure comes when the sector is facing growth challenges.

The reason is yet not clear but three sources in knowlegde of the matter revealed that the executive had resigned in December, though the decision was not made public.

This comes comes as the edtech firm was trying to internally cut down marketing costs and become profitable.

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