‘Damage to reputation’: BYJU’s founders gear up for $2.5 bn legal battle; Full details

The founders of Byju byju Ravendran and Divya Gokulnath are preparing to make legal claims exceeding $ 2.5 billion against Glas Trust Company LLC and other entities, in India and abroad, claiming damage to its personal and commercial reputation. This step comes amid the battle of high risk companies on the future of Edtech Think & Learn, which has a byju brand.

In a statement issued by Lazaref Le Bars Eurl, the chief consultant J Michael Mcnutt said: “The BYJU founders maintain all rights to provide procedures against those parties that have caused them in person and their companies, including thinking and learning.

According to McNutt, additional claims are prepared in other judicial states, and the required monetary damage is “at least $ 2.5 billion.” He added: “It is expected that such allegations will be required by all BYJU founders of cash damage of no less than $ 2.5 billion.”

Glas Trust is the guardian of lenders who owe BYJU 1.2 billion dollars under the term loan attachment. The company provided multiple legal measures against EDTECH and its founders, including insolvency and civil lawsuits in Delaware, USA. At present, Think & Learn is undergoing the CIRP Specger (CIRP) that the GLAS TRUST has also been competing.

BYJU founders claim that Glas Trust carries only 17.38 % of the lending union voting rights. The lawyer said: “Byju is actively participating in a court in the state of Dilayer, which started in early April 2025 against him by Glas Trust-Bankrupt,” adding: “Byju is strongly denied by all allegations against him in those measures and defends himself in those measures.”

The Dilayer Court recently issued a civil contempt dated 7 July 2025, which represents byju a challenge. “This is the matter of civil contempt for requests for repeated information in matters already presented to the Indian courts,” the lawyer said. “Byju and its lawyer assesses how to address this matter and book all rights.”

The lawsuit also stems from a separate case submitted by Byju’s Alpha, a private vehicle based in the United States that was created to receive loan B dated loan. Alpha was accused of byju byju Ravendran, Divya Gokulnath, and Anita Kishore of implementing a “legal scheme” to transfer $ 533 million of loan revenues – the charges that are stabbed by the founders.

McNutt also explained: “There is no court in any judicial jurisdiction, including in India or the United States, which orders the payment by Byju or Gokulnath in any amount of thinking and learning, or any entity related to thinking and learning.”

The legal confrontation continues even with the Supreme Court in India to allow insolvency to move forward, with the opposite of a previous chapter by the National law Court (NCLAT) in a separate call presented by BCCI.

(With PTI inputs)