US court orders Byju to pay over $1 bn to BYJU's Alpha, GLAS Trust

A United States court has ordered Byju Raveendran, founder of the edtech firm operating under the Byju's brand, to repay a default amount totalling USD 1.16 billion to BYJU's Alpha and US-based lender GLAS Trust Company LLC, following a ruling issued by the Delaware Bankruptcy Court on November 20, 2025.

- MPOST BUREAU

The judgment came in response to a petition filed by BYJU's Alpha and GLAS Trust Company LLC. The court ruled that Raveendran failed to comply with a discovery order and had been evasive in responding to requests for information. As a result, it issued a default judgment against him.

"The court will enter default judgment against Defendant Raveendran in the amount of USD 533,000,000, and on Counts II, V and VI in the amount of USD 540,647,109.29," the ruling stated. The judgment also directed him to provide a full and accurate accounting of the Alpha Funds and any proceeds, including the Camshaft LP interest and any subsequent transfers.