Relief for Ravindran from US court

A US bankruptcy court has reversed a $1 billion damages ruling against Byju Raveendran, according to a statement from the founders of Think and Learn Pvt.

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Ltd, the parent firm of edtech platform Byju's.The Delaware court had, in a default ruling last month, ordered Raveendran to pay more than $1 billion, saying the Byju's founder had refused to cooperate with legal efforts to locate almost half the proceeds from a $1.2 billi