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Founder Byju Raveendran says settlement discussions are near conclusion and rejects what he called a misleading portrayal of the case
The edtech giant Byju's dramatic fall has been marked by debt disputes, investor revolt, layoffs and allegations linked to its $1.2 billion US loan
Byju Raveendran was ordered to serve jail time after the court said he had disobeyed multiple orders related to his assets dating back to April 2024
Court agreed that damages had not been determined and ordered a new phase to commence in early January 2026 to determine any damages related to claims against Raveendran
Several Indian business leaders made headlines in 2025 with boardroom battles, bold moves, startup crises and high-stakes IPO. Let's take a look
BCCI had initiated insolvency proceedings against the edtech platform over pending dues of Rs 158 crore
The top court noted that in July, it dismissed the appeals filed by the BCCI and Riju Raveendran, the younger brother Byju Raveendran and co-founder of Byju, against the same NCLAT order
Former SC judge and ex-RBI official flag possible in remittance made by edtech firm
Edtech firm's founder plans $2.5 bn defamation suit against GLAS Trust, RP
A Delaware bankruptcy court has imposed a default judgment of over $1 bn on Byju Raveendran for repeated discovery violations in the Byju's Alpha case
Byju Raveendran plans to appeal US court's expedited default judgment, denies all allegations, and says GLAS Trust misled both Delaware court and public while blocking his ability to present a defence
The judgment directed Byju to provide a full and accurate accounting of the Alpha Funds and any proceeds thereof, such as the Camshaft LP Interest, including each and every subsequent transfer
Founder, other affiliates reject allegations made in the Delaware court
Riju, a suspended director and promoter of TLPL, said the CCD (Compulsory Convertible Debenture) is drafted to look like FDI under Fema
Byju's parent company, Think & Learn Private Limited (TLPL), is currently undergoing insolvency proceedings and cannot subscribe to fresh shares
Tribunal says insolvency of Byju's cannot be used to restrict a solvent subsidiary's commercial independence as Aakash prepares for key rights issue
On October 17, 2025, the Bengaluru-based bench of the National Company Law Tribunal (NCLT) declined to grant any interim relief on the second plea filed by the insolvency-bound edtech firm Byju's
Raveendran announces plans to seek $2.5 billion in damages
The Supreme Court dismisses the appeals of BCCI and Riju Raveendran to withdraw insolvency proceedings against Byju's parent company, Think and Learn Private Limited, over unpaid sponsorship dues
The BCCI and Byju's contended Form FA, which is an application for withdrawal of Corporate Insolvency Resolution Process (CIRP), was submitted before the formation of CoC of Byju's