{"id":921358,"date":"2025-04-11T08:59:56","date_gmt":"2025-04-11T03:29:56","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=921358"},"modified":"2025-04-11T10:07:15","modified_gmt":"2025-04-11T04:37:15","slug":"byjus-term-loan-lenders-sue-founder-raveendran-for-533-million-theft-in-us-court","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/04\/11\/byjus-term-loan-lenders-sue-founder-raveendran-for-533-million-theft-in-us-court\/","title":{"rendered":"Byju&#8217;s term loan lenders sue founder Raveendran for $533 million &#8216;theft&#8217; in US court"},"content":{"rendered":"<p>BENGALURU: Byju&#8217;s term loan lenders have filed a lawsuit against founder Byju Raveendran, his wife and co-founder Divya Gokulnath and Anita Kishore (former chief strategy officer) in a US bankruptcy court. <\/p>\n<p>The lawsuit was filed following the judgment of the US Bankruptcy Court for the District of Delaware against Riju Ravindran. The lawsuit claims that each of them co-orchestrated and executed a lawless scheme to &#8220;conceal and steal $533 million of loan proceeds&#8221;.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>BENGALURU: Byju&#8217;s term loan lenders have filed a lawsuit against founder Byju Raveendran, his wife and co-founder Divya Gokulnath and Anita Kishore (former chief strategy officer) in a US bankruptcy court. The lawsuit was filed following the judgment of the US Bankruptcy Court for the District of Delaware against Riju Ravindran. The lawsuit claims that each of them co-orchestrated and executed a lawless scheme to &#8220;conceal and steal $533 million of loan proceeds&#8221;.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-921358","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/921358","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=921358"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/921358\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=921358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=921358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=921358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}