Byju Raveendran sentenced to six months in jail by Singapore court

Byju Raveendran, founder of embattled edtech company Byju's, has been sentenced to six months in jail by a Singapore court for contempt of court, reported Bloomberg. The dramatic fall of one of India’s biggest startup success stories took another sharp turn.

The court reportedly found that Raveendran repeatedly violated multiple court orders linked to his assets dating back to April 2024.

The Singapore court also ordered him to surrender to authorities, pay costs of S$90,000, or around $70,500, and submit documents proving his legal ownership of Beeaar Investco Pte, a company that held shares in a related entity, Bloomberg reported.