BYJU Raveendran's Brother Penalised for Missing $533 Million
2024 • 3min • News • Business
Informative
Published On: August 01, 2024 - A suspended director of the embattled Indian ed-tech firm Byju’s has been ordered to pay $10,000 per day until he helps track down $533 million that the company is accused of concealing from US creditors. Riju Ravindran, the brother of Byju’s founder Byju Raveendran, is at the centre of an ongoing legal battle over the missing funds.