New Delhi: Indian entrepreneur, investor and educator Byju Raveendran is personally liable to pay back over USD 1 billion, a US court has said in a default judgement.
This order was based on a petition filed by BYJU’s Alpha and US-based lender GLAS Trust Company LLC. ADVERTISEMENT
The Delaware Bankruptcy Court, in its judgement dated November 20, 2025, found that Raveendran failed to comply with its discovery order and continued to be evasive on several occasion.
According to the petition, BYJU’s Alpha was incorporated when Raveendran was running the management of edtech firm Think and Learn Private Limited (TLPL), which operated under Byju’s brand name.
TLPL had allegedly secured a USD 1 billion Term Loan B from US-based lenders. The lenders later alleged that BYJU’s Alpha had violat

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