US lenders’ consortium files lawsuit against Byju’s founder, others

Members of a lending consortium have sued Byju Raveendran, his wife Divya Gokulnath, and Anita Kishore, alleging they misappropriated $533 million from a $1.2 billion loan. The lawsuit follows a Delaware court ruling on fraudulent transfers, seeking damages and an accounting of funds, with additional legal actions in India underway.

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