Edtech platform BYJU’S has announced the appointment of Ajay Goel as its new Chief Financial Officer (CFO). Goel, a former Vedanta executive, brings a wealth of experience to the role and will be responsible for managing the company’s finances and driving its growth strategy.
In a statement, BYJU’S founder and CEO, Byju Raveendran, praised Goel’s leadership and financial acumen, saying that he would be a valuable addition to the company’s leadership team. “Ajay’s experience and expertise will be instrumental in driving our vision of making quality education accessible to all,” Raveendran said.
Goel, who has over two decades of experience in finance and strategy, most recently served as the CFO of Vedanta’s oil and gas business. Prior to that, he worked at global companies like Hindalco Industries and PepsiCo. Goel holds an MBA from the Indian Institute of Management in Ahmedabad and a Bachelor’s degree in Commerce from the University of Delhi.
In his new role at BYJU’S, Goel will be responsible for overseeing the company’s finances, including financial planning and analysis, accounting, tax, and treasury functions. He will also play a key role in driving the company’s growth strategy, which has been focused on expanding its product offerings and entering new markets.
BYJU’S, which was founded in 2011, has become one of India’s most successful edtech companies, offering a range of online learning programs for students in classes 1-12. The company has also expanded into test preparation and has acquired several companies to bolster its offerings.
The appointment of Goel as CFO comes at a time when BYJU’S is rapidly expanding both domestically and internationally. The company has recently launched its services in several new markets, including the US, UK, Australia, and Brazil, and is reportedly planning to raise up to $400 million in a new funding round.
