Byju Ravendran, the founder and executive director of Byju’s | Photo credit:
Byju Ravendran, the Founder and Executive Director (CEO) or the ED-Tech company of ED-TECH, has denied the accusations of being a “fugitive”, attributing the statements to a “false narrative” and a “tapaign, narrative, narrative, narrative, narrative, narrative, narrative, narrative, narrative, the Werhat campaign, takes control of the company.
In an exclusive interview with Ani, Ravendran accused “lenders” based in the United States or took the reputation of the company that led to the fall of all interested parties and investors. In addition, he claimed that they tried to create “prejudice” in the Indian courts for calling Ravendran and his “fugitive” brother.
“These are narratives that have created when trying to take control of the company. Unfortunately, on a company that is based on the name of the founders, or where the founder played an important role in the first years, the fact that if they tarnish the founders, will have a great impact on the valuation of the company that the game of this type that all those interested are, including the parties by themselves. Americans, calling me and my brotherhoods, my brother, and my brotherhoods, which is looking for those who have looked at those who call me the courts, and my brotherhoods are the ones who are looking at those who call me, and my brotherhoods are the ones who are looking at those who have called me to those who have looked at me. ”
Raveendran has publicly recognized the dramatic decrease of the company and promised to rebuild, despite facing demands, financial agitation and investors disputes. Byju, once valued at $ 22 billion, has experienced a significant decrease due to financial problems, regulatory problems and legal battles.
The founder of Byju also spoke about the investigations carried out by the Execution Directorate (ED) that said that the investigation was around the company and that there was nothing personal in it.
He said: “Now, we traveled freely to India as and when we requested it, keeping Dubai as a basis for international expansion. All these are incorrect narratives or false narratives. There is no truth in this. The only thing that was the fact that, not the one that is not there.
Speaking about the surveillance notices issued by the ED against him, Ravendran attributed it to the “narratives of wrong media”, which implies that Ed never makes such things public for the purpose of public “defeats”.
In addition, he pointed out that there was never a charge sheet or a case of money laundering prevention (PMLA) against him, but there was only citation to what he cooperated. “I have a bone trip to India, as after the investigation of the one of. First, if Ed makes a surveillance notice, they never do that public because he defeats the purpose. It is a narrative of the incorrect media over the Edition, it never was. It never was never. Italal. Italal. Italal. Italal. Italal. Italal. Italal. Italal. Italal.
Clarifying even more the accusations of being declared “fugitive”, Raventran declared that this was just a part of a “malicious media campaign”, since this word was simply “verbally” and was not mentioned in official documents.
He said: “All our wealth, the whole company was out of India. All our wealth that we created was made in India, taxes were paid in India, they were invested in India. We have nothing outside India. Malicious communication, “. “”
Posted on May 17, 2025
