Singapore court hands Byju’s founder his first jail term

▤ Summary

A Singapore court sentenced Byju Raveendran, founder of Byju’s, to six months in jail for contempt after he disobeyed multiple court orders tied to his assets. The ruling adds to the legal and financial pressure already surrounding the embattled edtech company and its founder. Qatar Investment Authority’s subsidiary continues to pursue repayment of debts connected to a prior Byju’s funding relationship. The case highlights the ongoing fallout from Byju’s post-pandemic collapse and the wider dispute with investors and lenders.

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$500M to $1B