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Qatar's wealth fund moves HC to recover $235 mn from Byju's
Financial Express Delhi
|August 26, 2025
• Sovereign Fund moves HC with enforcement petition
THE QATAR INVESTMENT Authority (QIA), through its subsidiary Qatar Holding LLC, has escalated its legal battle against troubled edtech firm Byju's and its co-founder Byju Raveendran. The sovereign wealth fund has filed a fresh enforcement petition in the Karnataka High Court to recover a $235-million arbitral award, along with interest of 4% per annum compounded daily from February 28, 2024, which has pushed the total obligation beyond $249 million.
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