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An American court has given a big blow to Byju’s founder Byju Raveendran. On November 20, 2025, the Bankruptcy Court of Delaware gave a default judgment (exparte decision) against Raveendran. Under this, Raveendran has personally been ordered to pay more than one billion dollars.
New Delhi. Byju Raveendran, founder of Byju’s, once considered India’s biggest edtech success story, is now stuck in a difficult ‘exam’ and this time the American court is examining the copies of the questions. The bankruptcy court of Delaware has adopted a strict stance and has given a default order against him and the decision is such that any big industrialist will lose sleep. Raveendran will now have to personally pay an amount of more than one billion dollars (about Rs 8,400 crore).
The US court said that Raveendran did not provide the necessary documents and repeatedly delayed the hearing. After this, the court issued a default order to repay an amount of more than one billion dollars. This decision came on 20 November 2025.
Allegation of breaking loan terms
The case is related to a company called Byju Alpha, which was formed by Raveendran for a loan of one billion dollars taken from America. American lenders GLAS Trust alleges that the company broke the loan terms and illegally sent $ 533 million (about Rs 4,450 crore) out of the US.
Neither documents were given nor fine was paid
The court said that Raveendran was aware of the court’s document order, but he neither gave the documents nor paid the fine. Now the court has directed them to present complete accounts of all the funds related to Byju Alpha and the income derived from it like stake in Camshaft LP.
