Byju Raveendran sentenced to six‑month contempt in Singapore

Byju Raveendran, the founder of the embattled Indian edtech company Byju’s, has been sentenced to six months in prison by a Singapore court for contempt of court. The court found that Raveendran repeatedly violated multiple orders related to the disclosure of his assets and corporate documents. He was also ordered to pay costs of approximately $70,500 and to submit documents proving his legal ownership of Beeaar Investco Pte, a company holding shares in a related entity.

The proceedings were initiated by a subsidiary of the Qatar Investment Authority, an investor in Byju’s. The court’s ruling represents a significant escalation in the legal troubles facing the founder, who did not immediately respond to requests for comment. It is currently unclear whether Raveendran is in Singapore.

This development marks another major setback for Raveendran, who was once celebrated as a leading figure in India’s startup ecosystem. He built Think & Learn Pvt Ltd, operating as Byju’s, into one of the world’s most valuable edtech companies. At its peak, the company attracted billions in global investment, achieved a valuation of $22 billion, and expanded aggressively through international...