Byju Raveendran accused of negotiating secret payments with Indian officials while claiming bankruptcy

Amid creditors’ allegations that the missing $533 million from a term loan is being quietly used to settle cases in India, Delaware bankruptcy court grants them unrestricted use of confidential documents to pursue the matter.

17 July, 20257 min
0
Byju Raveendran accused of negotiating secret payments with Indian officials while claiming bankruptcy

You may also like

Internet
Story image

Karan Bajaj, the serial startup hustler, is back

The guy who preyed on your insecurities and sold coding classes for your kids is back to help your loved ones fight cancer. Don’t say we did not warn you.

Internet
Story image

Is AI the new hype in edtech?

At the ASU+GSV & Emeritus summit in Gurugram, even as experts rallied behind AI, everyone seems to have forgotten the significant failures in the last five years.

Internet
Story image

How top consultants failed the Byju’s test

As the beleaguered edtech company fights bankruptcy, a deeper look at how reports by leading consulting firms—meant to serve as independent assessment—instead became a tool to drive up valuations and shield companies from criticism.