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Deepak Mehrotra, who was the former managing director of Pearson India, as reported by Moneycontrol, will join Byju’s test prep firm Aakash as chief executive officer.
Mehrotra is joining during a period when Byju’s is unable to afford salaries and regular operations, added the Moneycontrol report. The other issues that Byju’s is facing include troubles with its stakeholders, including its board, auditors, investors, employees and government institutions like Employees' Provident Fund Organisation, Board of Control for Cricket in India and the Enforcement Directorate, added the Moneycontrol report.
As the former MD at Pearson India, he was responsible for managing Pearson's education portfolio in India. He focused on boosting growth across three verticals - school, higher education, and vocational - with an increased focus on digital tools to improve learner outcomes.
Mehrotra began his career at Asian Paints as regional sales manager, and went on to work across Coca-Cola India, Bharti Airtel Limited, and Micromax Informatics.
As the regional vice president at Coca-Cola India, he was responsible for Coca-Cola Company-owned bottling operations in South Region and Maldives as a profit center head(last turnover handled Rs.740cr). He managed external affairs in the South during the pesticide controversy.
As India eyes global leadership in media, entertainment and gaming, Storyboard18's Digital Entertainment Summit, set to take place on June 27 in the capital, will spotlight the bold strategies, policy pathways and creative innovations shaping the future of the industry.
Read MoreFrom the chiefs of Nestle, Diageo, Colgate, PepsiCo, Zetwerk and CRED to AI visionaries, marketing mavens, top creators, ad legends and leading global agencies' CEOs, the brightest minds converged at the Storyboard18 Global Pioneers Summit for an action-packed day of meaningful dialogues on creativity, commerce and culture.