New Delhi, Oct. 25 -- Months after slipping into the hands of Byju's lenders, Great Learning is back in the black, mapping out an ambitious new chapter that could lead to an initial public offering (IPO). Flush with profitability and bolstered by organic growth, the edtech platform is now charting a course away from the turbulence at its former parent, Byju's.

Founder Mohan Lakhamraju emphasized Great Learning's commitment to self-sufficiency. "We don't want to depend on anyone else to bring in cash. We are operating with our own funds, and everything we generate is being reinvested in the business," he said in an interview with Mint.

Founded in 2013 by Lakhamraju, Hari Krishnan Nair, and Arjun Nair, Great Learning specializes in hybrid...