Singapore court sentences Byju Raveendran to six months in jail for contempt of court

A Singapore court has sentenced Byju’s founder Byju Raveendran to six months in jail for contempt of court in proceedings linked to his assets, Bloomberg reported..According to reports, the order was passed after the Court found that Raveendran had disobeyed multiple orders related to his assets dating back to April 2024..Raveendran took to X to confirm the same..The Court has also directed Raveendran to surrender to officials. He has been ordered to pay S$90,000 in costs, approximately US$70,500, and produce documents proving his legal ownership of Beeaar Investco. The entity is said to have held shares in a related company.The contempt order marks a significant escalation in the legal proceedings against Raveendran, who has been facing investor and lender actions across jurisdictions after the collapse of Byju’s..Raveendran and his ed-tech company have been battling proceedings against investors over allegations of fraud and misappropriation. .In India, Qatar Holding LLC has pursued proceedings before the Karnataka High Court against Byju Raveendran and Byju’s Investments in connection with a Singapore emergency arbitral award. The dispute relates to funding arrangements involving Byju’s group entities and Aakash Educational Services, including issues around Beeaar Investco and shares in Aakash.Qatar Holding later moved the Karnataka High Court to enforce a reported $235 million Singapore arbitral award against Raveendran and Byju’s Investments. In September 2025, the High Court restrained them from selling, mortgaging or transferring property assets while the enforcement proceedings remained pending.Separately, Byju’s parent company, Think & Learn, has been facing insolvency proceedings in India. .The proceedings were brought by Qatar Holdings, which was represented by Drew & Napier.Byju’s Investments was represented by Fervent Chambers.