Byju Raveendran announced a settlement in principle with lenders like GLAS Trust and Qatar Investment Authority, following a Singapore court's contempt ruling. He stated the court proceedings created a misleading impression, as parties were nearing a comprehensive settlement and no wrongdoing was found on his part or other founders'.

Byju Raveendran, founder of the failed Indian tech firm Byju's, has been sentenced to six months in jail by a Singapore court for contempt. The court found he disobeyed multiple…

Byju Raveendran was ordered by a Singapore court to serve jail time after the court said he had disobeyed multiple orders related to his assets dating back to April 2024.