Tag Archives: US creditors

“Report: Byju Raveendran Allegedly Tried to Reclaim Company Using hidden Funds”

Byju Raveendran Accused of Attempting to Regain Control of Byju's with Hidden Funds: Report

In a fresh legal development, Byju Raveendran, the founder of the embattled ed-tech giant Byju's, has been accused of attempting to secretly regain control of the company using hidden loan funds. According to a recent Bloomberg report, Raveendran allegedly hid millions of dollars of loan proceeds to purchase back a software company that had been taken over by an American trustee.

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