byju raveendran

byju raveendran, the founder of Think and Learn, the edtech company that owns the Byju's brand, will assume control of the company's daily operations following the departure of CEO Arjun Mohan, as announced by the company on Monday. The company has revealed a significant restructuring of its business, consolidating its operations into three focused divisions: The learning app, online classes and tuition centres, and test-prep.

The edtech major’s fall hit a new inflection point in Dec 2025, when a US court issued a $1.07bn default judgment tied to the disputed $533mn Alpha funds, even as founder byju raveendran denies wrongdoing and battles insolvency and creditor claims across continents

BYJU's CEO, byju raveendran, stated that the edtech major is close to achieving profitability at the group level. He addressed concerns about the company's growth and future during a town hall meeting, assuring employees that issues with lenders are being resolved through discussion.

byju raveendran, CEO of Byju's, acknowledged recent challenges and assured stakeholders of his commitment to the company's recovery despite its significant financial issues. He promised to address unpaid salaries and combat financial mismanagement accusations, emphasizing resilience and a plan for a strong comeback.

The Directorate of Enforcement (ED) has requested the Bureau of Immigration (BOI) to issue a look out circular (LOC) against byju raveendran, the founder and CEO of Byju's. The ED's Kochi office had previously opened an LOC 'on intimation' against Raveendran, but the investigation was later transferred to the Bengaluru office. The Bengaluru office of the ED, which is currently investigating alleged Foreign Exchange Management Act (FEMA) violations, believes that a fresh LOC should be issued to prevent Raveendran from leaving the country.

Byju's founder byju raveendran was voted out as CEO by investors, but he called the meeting a 'farce' and the resolutions illegal. Byju's may take legal action and a group of investors has moved NCLT seeking a new CEO and board. The CEO reiterated that the decisions taken at the EGM on Friday did not stick to the established rules and therefore they don’t count.

Byju's founders refute allegations by GLAS Trust, claiming a conspiracy to seize control. They assert the accusations are baseless and part of a smear campaign. byju raveendran filed a case in India against GLAS and EY employees. GLAS Trust counters, accusing Byju's of evading accountability after a US court ruling.

BYJU'S founder, byju raveendran, regrets securing a $1.2 billion term loan in 2021, citing it as a key factor in the company's current financial struggles despite having other equity options. While acknowledging missteps in rapid global expansion and a missed opportunity with WhiteHat Jr., Raveendran considers the acquisition of Aakash Educational Services a success.

The Enforcement Directorate (ED) on Tuesday issued showcause notices to troubled edtech startup Byju’s and its founder and group CEO byju raveendran over alleged violation of the provisions of the Foreign Exchange Management Act (Fema) amounting to over Rs 9,362 crore. The ED, which had initiated investigation against the startup earlier this year, has accused Think & Learn Pvt Ltd (Byju’s parent company) and its promoter of making significant foreign remittances and investments abroad that were allegedly in violation of the provisions of Fema, resulting in loss of revenue to the government.

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The Byju’s board has been suspended and the insolvency resolution professional has taken over the management of the company. The sand under founder byju raveendran’s feet are shifting fast. How did things come to this stage?

Byju's announced that byju raveendran and board members will not attend the EGM called by investors to seek Raveendran's removal as CEO and board reconstitution, citing procedural invalidity. Byju's board currently consists of Raveendran, his wife, and his brother. Representatives of Prosus, Peak XV Partners, and Chan Zuckerberg Initiative resigned from the board last year.

byju raveendran informed employees about delayed July 2024 salaries due to a Supreme Court stay on their account access.

India’s newest billionaire is a former classroom teacher who developed an education app that’s grown to a valuation of almost $6 billion in about seven years. 37-year-old byju raveendran joined the rarefied club after his Think & Learn Pvt scored $150 million in funding earlier this month.