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US court orders Byju's founder to pay $1 bn after default ruling
The Free Press Journal - Bhopal
|November 23, 2025
A US court has ordered Byju Raveendran to pay back default amount of USD 1.16 billion to BYJU's Alpha and US-based lender GLAS Trust Company LLC.
According to a judgement dated November 20, 2025, the Delaware Bankruptcy Court found that Raveendran failed to comply with its discovery order and continued to be evasive on several occasions.
This story is from the November 23, 2025 edition of The Free Press Journal - Bhopal.
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