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Byju’s Founder Implicated in U.S. Fraud Ruling
A U.S. bankruptcy court has found Byju Raveendran, founder of Indian ed-tech giant Byju’s, complicit in fraudulent financial activities, marking a significant escalation in the company’s ...
Business Wire1mon
U.S. Bankruptcy Court Finds Riju Ravindran, Camshaft Capital, and Think & Learn Responsible for Defrauding BYJU’s Alpha and Its Lenders
The Order finds that the Defendants, alongside Byju Raveendran, are responsible for orchestrating and executing an unlawful scheme that defrauded the Lenders. Damages are to be awarded at a later ...
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Byju’s founder Raveendran accused of using hidden cash to regain control of…
Byju Raveendran, founder of the troubled Indian edtech giant Byju's, has been accused of attempting to secretly regain control of his collapsing business empire using hidden funds, according to a ...
Gulf News29d
Judge says Byju’s official broke duty to lenders by hiding cash
the technology company founded by controversial entrepreneur Byju Raveendran and his family, which is navigating bankruptcy proceedings in both the US and India. In the US, lenders are fighting to ...
Indiatimes24d
‘Passion doesn’t pay bills’: Byju Raveendran faces tough question from unpaid employees
Byju Raveendran, CEO of Byju's, acknowledged recent challenges and assured stakeholders of his commitment to the company's recovery despite its significant financial issues. He promised to address ...
Yahoo Finance24d
A once-hot startup got a $1.5 billion loan. More than $500 million went to a high school dropout's 'sham' hedge fund, judge rules.
Judge John T. Dorsey ruled against Riju Ravindran — a former Byju's board member and the founder's brother — and entities related to the company, including a hedge fund founded by a 23-year ...