New Delhi, April 10 -- Byju's Alpha Inc., the United States-based special purpose finance vehicle of Indian ed-tech unicorn Byju's, has sued its parent company, Byju Raveendran, his wife Divya Gokulnath, brother Riju Ravindran, and consigliere Anita Kishore, for alleged theft of $533 million, the SPV said in an official release on April 9.

The case filed in US Bankruptcy Court for the District of Delaware, alleges that the accused "orchestrated theft of $533 million" in a "web of deception designed and executed to defraud lenders".

The lawsuit alleges Byju along with Divya Gokulnath, Riju Ravindran, and Anita Kishore "fraudulently transferred loan proceeds, misrepresented financial information, and prevented lenders from exercising reme...