{"id":974618,"date":"2025-11-18T08:57:02","date_gmt":"2025-11-18T03:27:02","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=974618"},"modified":"2025-11-18T09:35:34","modified_gmt":"2025-11-18T04:05:34","slug":"533-million-allegedly-routed-to-byju-raveendran-edtech-founders-deny-claims","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/11\/18\/533-million-allegedly-routed-to-byju-raveendran-edtech-founders-deny-claims\/","title":{"rendered":"$533 million allegedly routed to Byju Raveendran; edtech founders deny claims"},"content":{"rendered":"<p>A Delaware Bankruptcy Court filing has claimed that the missing $533 million from Byju\u2019s Alpha was \u201cin effect, roundtripped right back to Byju Raveendran and his affiliates,\u201d contradicting the edtech founder\u2019s earlier sworn statements. The founders of Think &amp; Learn (TLPL) have categorically rejected the allegations. <\/p>\n<p>The filing comes as Byju\u2019s Alpha seeks approval of a settlement with OCI Limited, the UK-based procurement company that received most of the disputed money. As part of the settlement, OCI\u2019s founder Oliver Chapman submitted a sworn declaration detailing what happened to the funds.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A Delaware Bankruptcy Court filing has claimed that the missing $533 million from Byju\u2019s Alpha was \u201cin effect, roundtripped right back to Byju Raveendran and his affiliates,\u201d contradicting the edtech founder\u2019s earlier sworn statements. The founders of Think &amp; Learn (TLPL) have categorically rejected the allegations. The filing comes as Byju\u2019s Alpha seeks approval of a settlement with OCI Limited, the UK-based procurement company that received most of the disputed money. As part of the settlement, OCI\u2019s founder Oliver Chapman submitted a sworn declaration detailing what happened to the funds.<\/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":[63,4,12],"tags":[],"class_list":["post-974618","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/974618","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=974618"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/974618\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=974618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=974618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=974618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}