The Singapore court ruled that Raveendran had disobeyed multiple court orders related to his assets dating back to April 2024, according to the report. The court directed him to surrender to authorities, pay legal costs of S$90,000 (around $70,500), and submit documents proving his ownership of Beeaar Investco Pte, a corporate entity that held shares in a related company.

The development marks the latest setback for the once-celebrated entrepreneur, who is facing mounting legal and financial troubles across jurisdictions. In the United States, lenders are attempting to recover losses linked to a soured $1.2 billion loan tied to the company.

Byju Raveendran did not immediately respond to requests for comment. It remains unclear whether he is currently in Singapore or elsewhere.

Founded as Think & Learn Pvt Ltd, Byju’s became one of India’s biggest startup success stories during the online education boom, attracting billions of dollars from global investors and making Raveendran a billionaire.

But the company’s fortunes later deteriorated amid allegations of governance lapses, delayed financial reporting, rapid expansion and rising debt. The company has since laid off employees, scaled back operations and become embroiled in multiple legal disputes.

The Singapore proceedings were initiated by a subsidiary of Qatar Investment Authority, which had invested in the company during a funding round held as Byju’s was cutting jobs and restructuring operations.

Qatar Holdings was represented by law firm Drew & Napier, while Byju’s Investments was represented by Fervent Chambers.