India, Nov. 22 -- Adding another chapter in BYJU'S long legal battle, the Delaware Bankruptcy Court in the US has entered a default judgment, asking the beleaguered startup's cofounder Byju Raveendran to pay $1.07 Bn.

The ruling, dated November 20, came on the back of Raveendran failing to comply with discovery and court orders in the case for alleged misappropriation of $533 Mn the edtech startup's US subsidiary, BYJU'S Alpha.

The court ordered Raveendran to pay $533 Mn in damages for what the court determined to be fraudulent transfer of BYJU'S Alpha funds in 2022, along with another $540.6 Mn linked to the transfer of the debtor's interest in Camshaft Capital Fund, a US-based hedge fund.

The cofounder was also asked by Judge Brendan...