A bankruptcy court in Delaware has entered a default judgment of more than $1.07 billion against Byju Raveendran, founder of the embattled edtech company Byju’s, after finding that he repeatedly ...

Byju's was an Indian multinational educational technology company based in Bengaluru. It was founded by Byji Raveendran and Divya Gokulnath in 2011. At its peak, the company became the world's most ...

A US court has issued a default judgement holding Byju Raveendran personally liable for repaying over USD 1 billion, based on a petition filed by BYJU's Alpha and US-based lender GLAS Trust Company ...

In a major setback, the US Delaware court has ordered Byju Raveendran, the founder of ed-tech, to repay USD 1 billion to BYJU’s Alpha and US-based GLAS Trust Company LLC, according to a report of PTI.

Creditors secured US court order after years of discovery delays and missing funds Raveendran has announced his intention to appeal, arguing that the court deprived him of a fair opportunity to defend ...

A U.S. bankruptcy court has refused to dismiss a major lawsuit against BYJU’s founder, Byju Raveendran and co-founder Divya Gokulnath , allowing allegations of massive fraudulent transfers and asset ...

A US bankruptcy court has ordered Byju's founder Byju Raveendran to pay over $1.07 billion, holding him personally liable for the movement and concealment of funds from Byju's Alpha, the company's ...

A US court, in a default judgment, has held Byju Raveendran personally liable for paying back more than $1 billion after Byju’s Alpha and US lender GLAS Trust Company LLC sought repayment through a ...

A US bankruptcy court has slapped Byju Raveendran with a default judgment exceeding $1.07 billion. This severe penalty stems from his repeated failure to comply with court orders regarding discovery ...

A U.S. court has issued default judgement making Byju Raveendran liable to personally pay back over $1 billion based on the petition filed by BYJU's Alpha and U.S.-based lender GLAS Trust Company LLC.

Founder says judgment was expedited and passed without hearing his defence; GLAS Trust accused of misrepresentation. Byju’s founder Byju Raveendran said on November 22 that he will appeal a default ...

A US bankruptcy court has instructed Byju Raveendran, founder of Byju’s, to pay more than $1 billion after finding him in default for not complying with court orders in a case involving alleged ...