The founder of Byju’s plans to challenge a U.S. court’s directive to disburse more than $1 billion in a bankruptcy proceeding.
Byju Raveendran, the under-fire founder of Indian ed-tech behemoth Byju’s, has hit out at a U.S. bankruptcy court’s directive ordering him to remit over $1.07 billion. He is refuting any misdoing, blaming lenders for misinforming the court, and promising to appeal a decision that represents a sharp reversal of fortune for a former leading light…
