Qatar Investment Authority (QIA), a key backer of Byju’s, has approached the Karnataka High Court to prevent founder Byju Raveendran from selling, pledging, or transferring assets. QIA seeks to claim Raveendran’s personal assets up to $235.19 million and demands disclosure of his personal assets. This move coincides with Byju’s ongoing insolvency issues and legal battles over a $1.2 billion loan.
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