Byju Raveendran has claimed that there is a conspiracy against him and his eponymous startup that is undergoing bankruptcy proceedings (Byju Raveendran, founder and CEO of Byju's. Source: Byju’s) Show Quick Read Summary is AI Generated. Newsroom Reviewed

A United States Bankruptcy Court in Delaware has entered a default judgment ordering Byju Raveendran to pay more than $1 billion in damages in litigation connected to allegations involving transfers of funds tied to Byju's Alpha. The ruling follows findings that Raveendran failed to comply with multiple expedited discovery orders in the case.

The court awarded $533 million on one claim and $540,647,109.29 on others, bringing the total to more than $1.07 billion. The ruling also notes that monetary contempt penalties ordered at $10,0

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