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Qatar Investment Authority Moves HC to Seek Arbitral Award From Byju's
The Morning Standard
|August 26, 2025
The Qatar Investment Authority (QIA) has moved the Karnataka High Court against BYJU's founder Byju Raveendran and his investment vehicle Byju's Investment (BIPL) to collect an arbitral award of $235 million (nearly ₹2,060 crore) for allegedly misusing funds.

The QIA, through its subsidiary Qatar Holding LLC, alleged that the funds were used to acquire 1,78,91,289 shares of Aakash Education Services, and there was an express restriction against transferring those shares. It further alleged that in breach of the agreement, the shares were later transferred to another Singapore-based corporate entity controlled by Raveendran, said a press statement from QIA. The
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FLERE HISTORIER FRA The Morning Standard
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SC rejects Varavara Rao’s petition seeking changes in his bail conditions
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The Morning Standard
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The Morning Standard
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COVER-UP ALLEGED
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The Morning Standard
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1 min
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The Morning Standard
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1 min
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The Morning Standard
On Pak def pact, India reminds Saudi to honour mutual interests
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2 mins
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The Morning Standard
In a first, sunscreen added to WHO Model List of Essential Medicines
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1 mins
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The Morning Standard
Speeding train runs over two girls at Nangloi
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1 min
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