Byju’s founder sentenced to jail in Singapore, says order is ‘procedural’

A Singapore court sentenced Byju Raveendran, founder of Byju’s, to six months in jail for contempt of court over alleged non-compliance with disclosure orders, but the entrepreneur said the ruling was “procedural”, denied wrongdoing and that he planned to appeal.

The ruling marks the most serious legal setback yet for the founder of Byju’s, once one of India’s most valuable startups, which has been battling investor disputes, debt litigation and operational turmoil following a sharp post-pandemic downturn.