A US court has issued default judgement making Byju Raveendran liable to personally pay back over $1 billion based on the petition filed by BYJU's Alpha and US-based lender GLAS Trust Company LLC.
According to the judgement dated November 20, 2025, the Delaware Bankruptcy Court found that Raveendran failed to comply with its discovery order and continued to be evasive on several occasions.
"The court will enter default judgment against Defendant Raveendran...in the amount of $533,000,000, and on Counts II, V and VI in the amount of $540,647,109.29," the judgement said.
Also read: Byju’s founders reject allegations after court filing claims $533 m was round-tripped
The judgement directed Raveendran to provide a full and accurate accounting of the Alpha Funds and any proceeds thereof,

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