Edtech company Byju’s founder Byju Raveendran has reportedly been sentenced to six months in jail by a Singapore court for contempt after allegedly failing to comply with multiple court orders concerning disclosure of his assets.
According to a Bloomberg report, the Singapore court directed Raveendran to surrender before authorities, pay legal costs amounting to S$90,000 (around $70,500), and submit documents establishing his ownership of Beeaar Investco Pte, a corporate entity that held shares in a related company.
Byju’s had not issued an official response to the report at the time of publication.
The latest development adds to the mounting legal and financial troubles surrounding the embattled edtech founder, who is facing scrutiny from investors and lenders in several jurisdictions, including the United States. Creditors there are attempting to recover losses linked to a disputed $1.2 billion loan.
As per the report, the legal proceedings in Singapore were initiated by a subsidiary of the Qatar Investment Authority, which had invested in Byju’s during a period when the company was undergoing restructuring and layoffs.
Qatar Holdings was represented in the matter by law firm Drew & Napier, while Byju’s Investments was represented by Fervent Chambers.
The Singapore ruling comes months after the Delaware Court in December 2025 reversed its earlier $1 billion judgment against Raveendran after considering fresh submissions filed through a motion seeking correction of a November 20 ruling.
The Delaware Court had observed that damages had not been properly assessed and subsequently ordered a fresh phase of proceedings to determine whether any damages were payable.
Raveendran’s legal team had earlier alleged that GLAS Trust and certain lenders withheld or misrepresented crucial information during the proceedings, which they claimed contributed to the collapse of the edtech company and erosion of its enterprise value.
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