mangalore today

Byju’s founder Byju Raveendran sentenced to six months in jail by Singapore court


Mangalore Today News Network

New Delhi, May 27, 2026: Entrepreneur and co-founder of the troubled edtech company Byju’s, Byju Raveendran has been sentenced to six months in jail by a Singapore court for contempt, according to a Bloomberg report published on Wednesday.

The court reportedly found that Raveendran had disobeyed multiple orders related to his assets dating back to April 2024. Following this, he was directed to serve a jail term.


Byju Raveendran

In addition, he has been ordered to surrender to authorities, pay legal costs of S$90,000 (approximately Rs 67.5 lakh), and submit documents proving his ownership of Beeaar Investco Pte, a corporate entity holding shares in a related company.

The development marks another setback for Raveendran, who is already facing legal claims from foreign investors in several countries, including the United States, where lenders are attempting to recover losses linked to a defaulted $1.2 billion loan.

Raveendran founded Think & Learn Pvt Ltd, popularly known as Byju’s, which emerged as one of India’s most prominent startup success stories and attracted investments from major global firms, making him a billionaire at its peak.

He is currently facing proceedings in Singapore courts initiated by a subsidiary of the Qatar Investment Authority, which had invested in the edtech firm during a funding round held amid job cuts and layoffs at the company.

According to the report, Qatar Holdings was represented by Drew & Napier, while Byju’s Investments was represented by Fervent Chambers.