Byju's To Take Lesson From Former Vedanta CFO Ajay Goel

Edtech startup Byju’s appointed Ajay Goel as its chief financial officer to strengthen the company's financial operations, long-term business strategies and path to profitability.

Goel, who recently resigned from Vedanta Ltd. will be responsible for overseeing financial strategy and management for Byju’s, the world’s leading edtech company said in a statement.

He will work closely with the founders and the senior leadership on strategy development, capital planning and financial analysis, it added.

Goel has over two decades of experience, and a proven track record of delivering strong financial and operational results to companies across sectors, including Vedanta, Diageo, GE, Coca Cola and Nestle, according to the statement.

The company's Founder and Chief Executive Offer Byju Raveendran said Goel’s addition will strengthen the group’s leadership team and his strategic thinking as well as financial acumen will help in creating more value for stakeholders.

Byju’s didn’t say when Goel, whose resignation at Vedanta will be effective from close of business hours on 9 April, would join the company.

Byju’s key investors include the Chan Zuckerberg Initiative (CZI), founded by Mark Zuckerberg and Priscilla Chan, Sequoia Capital India, venture capital firm Bond, Silver Lake, BlackRock, Tencent and Canada Pension Plan Investment Board (CPPIB), according to its website.

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