India, Nov. 23 -- A US court has issued a default judgement making Byju Raveendran liable to personally pay back over USD 1 billion based on the petition filed by BYJU's Alpha and US-based lender GLAS Trust Company LLC.
According to the judgement dated November 20, 2025, the Delaware Bankruptcy Court found that Raveendran failed to comply with its discovery order and continued to be evasive on several occasions.
"The court will enter default judgment against Defendant Raveendran.in the amount of USD 533,000,000, and on Counts II, V and VI in the amount of USD 540,647,109.29," the judgement said.
The judgment directed Raveendran to provide a full and accurate accounting of the Alpha Funds and any proceeds thereof, such as the Camshaft L...
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