Byju Raveendran, the founder of Byju's, has publicly condemned a Singapore court's decision to sentence him to six months in prison for contempt, labeling it a tactic of legal pressure by lenders amid ongoing settlement negotiations. Raveendran expressed his disappointment over the court's actions, emphasizing that he and other founders have committed no wrongdoing. He explained that his absence from court proceedings was due to active settlement discussions with lenders, including GLAS Trust and entities associated with the Qatar Investment Authority. Raveendran accused these lenders of continuing legal actions unnecessarily during a sensitive phase of negotiations. He also addressed allegations regarding disputed funds, asserting that he has not personally benefited from any such money and that all funds were utilized for legitimate business purposes. This ruling adds to a series of challenges faced by Byju's, including delayed financial filings, layoffs, and legal scrutiny in multiple jurisdictions as creditors seek to recover funds tied to a troubled $1.2 billion loan.