Byju's Founder Fights $1B Bankruptcy Ruling
Update: 2025-11-22
Description
Byju Raveendran, founder of Indian edtech giant Byjus, challenges US bankruptcy courts $1B payment order. He denies wrongdoing, accuses lenders of misleading the court, and plans to appeal. The courts ruling comes after a pattern of non-compliance, including missed hearings and ignored deadlines. Raveendrans legal team argues he was not given a chance to defend himself. This marks a significant turn for a once celebrated figure in Indias startup scene, now facing numerous lawsuits and funding issues.
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