Tag: Byju Raveendran

Qatar’s sovereign wealth fund moves Karnataka HC to enforce 5 million arbitral award against Byju Raveendran amid global scrutiny

Qatar’s sovereign wealth fund moves Karnataka HC to enforce $235 million arbitral award against Byju Raveendran amid global scrutiny

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BYJU’S owner Byju Raveendran. File. | Photo Credit: Reuters The Qatar Investment Authority (QIA), through its subsidiary Qatar Holding LLC, has stepped up its legal battle against Byju Raveendran and his investment arm Byju’s Investments Pte. Ltd. (BIPL) by moving the Karnataka High Court to enforce an arbitral award worth $235 million, it said in […]

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Byju’s founders’ threat of defamation case an attempt to distract from facts: Glas Trust

Byju’s founders’ threat of defamation case an attempt to distract from facts: Glas Trust

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Byju Raveendran, founder of Byju’s. | Photo Credit: AFP U.S.-based lender agent Glas Trust has alleged that Byju’s founders’ plan to file a defamation case is an attempt to distract from the facts after several court orders against them. The legal counsel of Byju’s founders, J Michael McNutt, rejected the allegations levelled by Glas Trust, […]

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BYJU’s founders preparing to file over .5-billion suit against Glas Trust, others

BYJU’s founders preparing to file over $2.5-billion suit against Glas Trust, others

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Byju Raveendran. File | Photo Credit: Special Arrangement Beleaguered edtech firm BYJU’s founders, Byju Raveendran and Divya Gokulnath, are gearing up to file an over $2.5 billion suit against Glas Trust and others for damage to their reputation and business, a statement from their counsel said on Thursday (July 17, 2025). The founders are preparing […]

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NCPCR summons BYJU’s CEO over allegation of malpractice

NCPCR summons BYJU’s CEO over allegation of malpractice

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Apex child rights body NCPCR has summoned edtech BYJU’s CEO over allegations that it is indulging in malpractices to lure parents and children to buy their courses. According to a media report, BYJU’s is facing a range of complaints on social media platforms and consumer websites with customers alleging that they were exploited and deceived […]

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Byju’s clears 0 million dues to Blackstone for acquisition of Aakash Educational Services

Byju’s clears $230 million dues to Blackstone for acquisition of Aakash Educational Services

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Byju’s had acquired Aakash in April for around $950 million. Byju’s had acquired Aakash in April for around $950 million. Edtech firm Byju’s has cleared $230 million payment that was due to private equity investment firm Blackstone for acquiring a majority stake in test preparatory firm Aakash Educational Services, according to sources privy to the […]

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