Byju Raveendran Sentenced To Six Months’ Jail By Singapore Court For Contempt
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Troubled edtech startup BYJU’S founder Byju Raveendran has reportedly been sentenced to six months in jail by a Singapore court for contempt.
According to a Bloomberg report, the court ordered Raveendran to serve jail time after finding that he had disobeyed multiple orders related to his assets since April 2024.
He has also been directed to surrender to officials, pay costs of S$90,000, and submit documents proving his legal ownership of Beeaar Investco Pte, a corporate entity that held shares in a related company, the report added.
The Singapore proceedings were initiated by a subsidiary of Qatar Investment Authority, which invested in BYJU’S during an earlier funding round.
BYJU’S Legal Troubles Mount
The latest ruling comes amid mounting legal troubles for Raveendran and BYJU’S across jurisdictions.
In the US, lenders have been attempting to recover losses tied to the edtech startup’s $1.2 Bn term loan, which became one of the most high-profile startup debt disputes globally.
The Singapore court order comes months after a court in Delaware amended its earlier $1 Bn judgment against Raveendran following fresh submissions made by his legal team through a motion to correct the November 20 judgment.
The court agreed that damages had not yet been determined and ordered a fresh phase of proceedings beginning January 2026 to assess any damages linked to claims against Raveendran.
Raveendran’s legal advisor Michael McNutt said the founder had not been found liable to pay any damages and claimed that he would present evidence to show that GLAS Trust and the resolution professional misled courts in the US, India and other jurisdictions.
(The story will be updated soon)
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