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US bankruptcy court orders Byju’s founder to pay $1bn The default ruling against Byju Raveendran, a former corporate star who set up the eponymous Indian edtech and tutoring company, comes after its lenders launched a years-long and sprawling lawsuit
US Court’s $1 billion order deepens the crisis for Byju . . . CHENNAI: A US bankruptcy court in Delaware has issued a default judgment ordering Byju Raveendran, founder of the edtech company Byju’s, to pay a little over one billion dollars after finding
$1 Billion Shock: Byju Raveendran Suffers Legal Defeat in US . . . A US bankruptcy court has issued a default judgment of over $1 07 billion against Byju Raveendran, marking one of the most severe legal setbacks yet for the embattled edtech founder The ruling was handed down by the Delaware Bankruptcy Court on November 20 after the court found that Raveendran repeatedly failed to comply with court-ordered discovery requirements in the ongoing Byju’s Alpha
US court orders Byju Raveendran to pay over $1 bn in Alpha . . . A US court, in a default judgment, has held Byju Raveendran personally liable for paying back more than $1 billion after Byju’s Alpha and US lender GLAS Trust Company LLC sought repayment through a petition, PTI reported In a November 20, 2025 ruling, the Delaware Bankruptcy Court said Raveendran
US court orders Byju Raveendran to pay over $1 billion in . . . A US bankruptcy court has found Byju Raveendran in default for blocking the discovery process and ordered him to pay over $1 billion The ruling cites ignored orders, missing Alpha Funds and alleged fund diversion He must also account for the money’s use, despite previously accruing unpaid contempt sanctions