
Byju Raveendran, founder of Byju's, has been sentenced to six months in prison by a Singapore court due to a loan default dispute with Qatar Investment Authority. Raveendran claims the matter is procedural and has announced plans to appeal.
Byju Raveendran announced a settlement in principle with lenders like GLAS Trust and Qatar Investment Authority, following a Singapore court's contempt ruling. He stated the court proceedings created a misleading impression, as parties were nearing a comprehe…