Archive · 5 Dec 2025

Byju Raveendran's Aakash Stake Faces Legal Challenges

Byju Raveendran's Aakash Stake Faces Legal Challenges

Byju Raveendran, the founder of Byju's, has a company called Beeaar Investco that owns a big part of Aakash, a test prep company.

Aakash is trying to raise money, and Beeaar is helping with that.

But there's a problem: Qatar, a country that lent money to Byju's, says Byju moved some Aakash shares illegally.

Qatar wants its money back and is asking courts to freeze those shares.

Lawyers say Beeaar's involvement is okay for now, but it might get into trouble later.

Meanwhile, Aakash is having other problems too, like its CEO quitting and a big group called Manipal now owning most of it.

Sources