22 Nov 2025 | 3 Mins Read
US court orders Byju Raveendran to pay $1 billion in lawsuit
Flipitmoney
A US court has issued a default judgment against Byju Raveendran, holding him personally liable to repay over USD 1.07 billion. He failed to comply with the discovery order, leading to the court's decision. USD 533 million is for unpaid loan term, and USD 540.6 million for related Alpha Fund transfers and proceeds.