Riju Ravindran

Byju’s brother Riju found in contempt by US court

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Byju’s brother Riju found in contempt by US court

MUMBAI: In a fresh setback for troubled edtech Byju’s, Riju Ravindran, the brother of the startup’s founder & CEO Byju Raveendran, has been found to be in contempt of a US court. The development follows his defiance of a court order that directed him to disclose the location of $533 million that the company’s US … Read more

Byju’s must freeze $533 million in win for lenders, US judge says

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Byju’s must freeze 3 million in win for lenders, US judge says

Indian tech firm Think & Learn Pvt must freeze $533 million to protect the money for disgruntled lenders who claim the cash should only be used to pay them, a US judge said Thursday.The decision by US Bankruptcy Judge John Dorsey was a mixed victory for lenders. They earlier demanded the money be placed under … Read more