Singapore Court Sentences Byju Raveendran to Six Months in Jail in Contempt Case

New Delhi — Byju Raveendran, founder of edtech company Byju's, has reportedly been sentenced to six months in jail by a Singapore court for contempt after allegedly failing to comply with several court directives linked to disclosure of assets.

According to a report by Bloomberg, the court also ordered Raveendran to surrender before authorities, pay legal expenses amounting to S$90,000 (around $70,500), and submit documents establishing his ownership of Beeaar Investco Pte, an entity that held shares in a related company.

Byju’s had not issued any official response to the development at the time of reporting.

The latest ruling adds to the mounting legal and financial troubles surrounding the embattled entrepreneur, who is facing scrutiny from lenders and investors in multiple countries, including the United States. Creditors there are attempting to recover losses linked to a disputed $1.2 billion loan.

The Singapore proceedings were reportedly initiated by a subsidiary of the Qatar Investment Authority, which had invested in Byju’s during a period when the company was restructuring operations and reducing workforce.

As per the report, Qatar Holdings was represented by law firm Drew & Napier, while Byju’s Investments was represented by Fervent Chambers.

The development comes months after the Delaware Court, in December 2025, overturned its earlier $1 billion judgment against Raveendran after considering fresh submissions filed through a motion seeking correction of a November 20 ruling.

The Delaware court had observed that damages were not properly assessed and directed a fresh round of proceedings to determine whether any compensation was actually payable.

Raveendran’s legal team had earlier accused GLAS Trust and certain lenders of withholding or misrepresenting crucial information during proceedings, allegations they claimed contributed to the collapse of the edtech company and a sharp erosion in its value.

With inputs from IANS