Byju's Founder Ordered to Pay $1.07 Billion in US Bankruptcy Court Default Judgment

Nov 22, 2025 05:39 pm CST

A US bankruptcy court has ordered edtech company Byju's founder to pay over $1.07 billion in a default judgment related to fund movement from Byju's Alpha financing arm. Raveendran denies allegations and plans to appeal, claiming he was denied the opportunity to present his defense in the expedited proceedings.