BUSINESS

Delaware Court Orders Byju Raveendran To Repay $1.07B

PUBLISHED Nov 22, 2025, 1:40 AM ET

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Delaware, US — A U.S. bankruptcy court on November 20 issued a default judgment finding Byju Raveendran personally liable for more than $1.07 billion after concluding he repeatedly failed to comply with discovery orders in litigation over BYJU's Alpha funds. Judge Brendan Linehan Shannon awarded $533,000,000 on an aiding-and-abetting claim and $540,647,109.29 on related counts, and ordered Raveendran to provide a full accounting of transfers including the Camshaft LP interest. The court cited unpaid daily contempt sanctions and lenders’ August 11 motion for default in entering the extraordinary relief and creditors' filings. Based on 10 articles reviewed and supporting research.

By Michael Grant | JQJO News

Timeline of Events

2021: BYJU's Alpha formed and $1.2bn Term Loan B secured from U.S. lenders.
2022: Court filings identify a $533,000,000 transfer from BYJU's Alpha to Camshaft.
2023: Additional transfers and Camshaft LP interest cited totaling $540,647,109.29 in related counts.
11th August 2025: Lenders filed a motion for default alleging discovery obstruction by Raveendran.
20th November 2025: Delaware Bankruptcy Court entered default judgment ordering roughly $1.073bn repayment and full accounting.

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Who Benefited

The lenders controlling BYJU's Alpha and GLAS Trust obtained a court judgment ordering repayment and a directive for a full accounting, strengthening their legal position to recover transferred funds.

Who Impacted

Byju Raveendran was held in default, ordered to pay roughly $1.073 billion, faces unpaid contempt sanctions, and must provide a full accounting of Alpha fund transfers, increasing his legal and financial exposure.

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