<ul><li>BYJU’S Alpha, a unit created by edtech firm BYJU’S, has filed a lawsuit alleging fraudulent transfer of $533 million.</li><li>The lawsuit accuses Byju Raveendran, Divya Gokulnath, and Anita Kishore of hiding and misappropriating the loan proceeds.</li><li>BYJU’S Alpha is a Delaware special purpose vehicle created to receive $1.2 billion Term Loan B.</li><li>BYJU’S, Raveendran, and Camshaft Fund have been previously found guilty of fraudulent transfers and breaches of fiduciary duties.</li></ul>

BYJU’S Alpha sues Byju Raveendran, Divya Gokulnath over alleged ‘fraudulent transfer’ of $533M

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