Byju Raveendran, the founder of the Indian edutech company Byju's, has been sentenced to six months in jail by a Singapore court due to contempt of court for failing to comply with multiple orders regarding his assets. The court's decision, reported on Wednesday, mandates that he surrender to authorities and pay SGD 90,000 (approximately USD 70,500). The case stems from disobedience related to asset disclosures dating back to April 2024. Raveendran is also required to submit documentation proving his ownership of Beeaar Investco Pte, a corporate entity linked to Byju's. This legal setback adds to the challenges faced by Raveendran, who is currently dealing with claims from international investors, including a significant dispute over a USD 1.2 billion loan in the United States. Once celebrated as a billionaire entrepreneur during Byju's rapid growth amid the COVID-19 pandemic, Raveendran's fortunes have declined as the company struggles with financial difficulties and job cuts. The pursuit of Raveendran by a subsidiary of the Qatar Investment Authority highlights the ongoing financial scrutiny faced by the edutech sector.