In a judgment dated November 20, 2025, the Delaware Chapter Courtroom discovered that Mr. Raveendran didn’t adjust to discovery orders and repeatedly evaded them.
A US courtroom has entered a default judgment holding Byju Raveendran personally liable for repaying greater than $1 billion based mostly on claims filed by BYJU’s Alpha and US-based financier GLAS Belief Firm LLC.
In a judgment dated November 20, 2025, the Delaware Chapter Courtroom discovered that Mr. Raveendran didn’t adjust to discovery orders and repeatedly evaded them.
“The courtroom intends to enter a default judgment towards Defendant Raveendran within the quantity of $533,000,000 and $540,647,109.29 on Counts II, V, and VI,” the judgment mentioned.
The judgment directed Mr. Raveendran to supply a whole and correct accounting of the Alpha Fund and its proceeds, together with any subsequent transfers and proceeds thereof, together with Camshaft LP Curiosity.
Raveendran’s licensed agent didn’t instantly reply to an emailed inquiry.
BYJU’s Alpha was based when Raveendran was operating the edtech firm Suppose and Study Personal Restricted (TLPL), which operated below the Byju model title.
TLPL had secured a $1 billion Time period Mortgage B from a US-based lender. The lenders then alleged that BYJU’s Alpha violated the phrases of the mortgage and illegally transferred $533 million of the whole debt out of the USA.
Glas Belief moved a Delaware courtroom and obtained a positive order giving it management of BYJU’s Alpha.
BYJU Alpha and Glas Belief have filed go well with in Delaware Chapter Courtroom in search of $533 million and discovery of associated transactions.
In its newest ruling, dated Nov. 20, the courtroom discovered that Mr. Raveendran knew in regards to the discovery order however merely refused to conform.
The courtroom had additionally issued a contempt order within the matter, however famous that Mr. Raveendran continued to refuse to reply to discovery requests or pay penalties owed.
“The details and circumstances of this case exhibit that Raveendran’s continued failure to adequately reply to pending discovery requests was a private choice by Raveendran himself,” the ruling mentioned.
The courtroom rejected Mr. Raveendran’s argument that GLAS Belief had entry to paperwork referring to the data he was in search of by BYJU’S Alpha books. It famous that there have been no information to assist claims that GLAS had entry to related paperwork.
“The courtroom additionally discovered that Mr. Raveendran’s actions constituted a deliberate strategic sample of failure to adjust to discovery,” the ruling mentioned.
The courtroom has already discovered Mr. Raveendran in contempt of an earlier discovery order and imposed a penalty of $10,000 per day till he removes the contempt.
“Nevertheless, the financial sanctions stay unpaid and don’t have any impact. Mr. Raveendran lives abroad and apparently has no intention of fulfilling the financial penalties or complying with discovery orders. Due to this fact, we discover that financial sanctions don’t present an efficient treatment and {that a} extra extreme sanction, corresponding to a default judgment, is acceptable on this case,” the ruling mentioned.
