Fake Narratives Part Of A Malicious Media Campaign

Byju Raveendran, the founder and the Chief Executive Officer (CEO) of embattled ed-tech company BYJU's has denied the allegations of being a "fugitive," attributing these claims to a "fake narrative" and a "malicious media campaign," adding that these narratives were created to take control of the company.

- CORRESPONDENT

In an exclusive interview with ANI, Raveendran accused US-based "lenders" of tarnishing the company's reputation which led to the downfall of all stakeholders and investors. He further alleged that they tried to create "prejudice" in the Indian courts for calling Raveendran and his brother "fugitive."

"These are narratives which they have created in trying to take control of the company. Unfortunately, in a company which is built on the founders' name, or where the founder played an important role in the early years, they miss the fact that if you tarnish the founders name, it'll have a huge impact in the company's valuation. Even they overplayed that game to such an extent that has hurt everyone, all stakeholders, investors, including themselves. That's a game played wrong and by a few vulture lenders who were based out of US. This is exactly what was created, used to create prejudice in Indian courts by calling us fugitives, by calling me and my brother is having lookout notices," Raveendran told ANI.