Byju Raveendran Sentenced To Six Months' Jail By Singapore Court For Contempt
India, May 27 -- Troubled edtech startup BYJU'S founder Byju Raveendran has reportedly been sentenced to six months in jail by a Singapore court for contempt.
According to a Bloomberg report, the court ordered Raveendran to serve jail time after finding that he had disobeyed multiple orders related to his assets since April 2024.
He has also been directed to surrender to officials, pay costs of S$90,000, and submit documents proving his legal ownership of Beeaar Investco Pte, a corporate entity that held shares in a related company, the report added.
The Singapore proceedings were initiated by a subsidiary of Qatar Investment Authority, which invested in BYJU'S during an earlier funding round.
Raveendran did not immediately respond to...
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