The Delaware Bankruptcy Court in the US has issued a default judgment making Byju Raveendran liable to personally pay back over USD 1 billion (Rs 15,000 crore approximately) based on the petition filed by Byju’s Alpha and US-based lender Glas Trust Company LLC. According to the judgment dated November 20, 2025, Raveendran failed to comply with the Court’s discovery order and continued to be evasive on several occasions.

Byju’s Alpha was incorporated when Raveendran was running the management of edtech firm Think and Learn Private Limited (TLPL), which operated under Byju’s brand name. TLPL had secured USD 1 billion (Rs 8300 crore approximately) Term Loan B from US-based lenders. The lenders had later alleged that Byju’s Alpha had violated the terms of the loan, and USD 533 million (Rs 4777 crore approximately) out of the total debt had been moved out of the US illegitimately.