₹ 9 thousand crore fine on Byju Raveendran: US court gave verdict in fraud case, had taken a loan of ₹ 11 thousand crore in 2021
Delaware, USA20 minutes ago copy link By 2024, the valuation of Byju’s had become zero. Legal battles, a mountain of debt and operational instability doomed it. Byju Raveendran started it in 2011. The US court has imposed a fine of more than 1 billion dollars (9 thousand crore rupees) on Byju Raveendran, founder of debt-ridden…