India, Aug. 26 -- Qatar Investment Authority (QIA) has moved the Karnataka High Court (HC) against BYJU'S cofounder Byju Raveendran and his investment vehicle BYJU'S Investments Pte. Ltd (BIPL), seeking enforcement of a $235 Mn arbitral award.

The arbitral sum has been sought with an additional interest of 4% per annum, compounding daily. In a statement, the QIA said that the interest, which has been accruing from February 28, 2024, currently amounts to $14 Mn.

"Qatar Holding had filed an enforcement petition on August 12, 2025, before Karnataka High Court. The petition seeks enforcement of the award as a decree of court, and issuance of an injunction against transfer of assets by Raveendran or BIPL, along with attachment / sale of thei...