BYJU'S Alpha's missing $533-mn was rountripped back to Raveendran: US court filing
A US court filing has stated that the missing $533-million fund from BYJU’S Alpha was "roundtripped" right back to Founder and CEO Byju Raveendran and his affiliates. Raveendran had earlier testified that the fund was used for hardware or advertising purchases, but the filing now says otherwise. Notably, the edtech's founders and other accused have denied these allegations.