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Private company

Axact

Logo: Axact, Public domain, via Wikimedia Commons3

Degree mill

Axact (Urdu: ایگزیکٹ) is a Pakistan software company that runs numerous websites selling fraudulent academic degrees for fictional universities. The company used to own the media company BOL Network.2 It was founded by Shoaib Ahmed Shaikh.1 It employed 2,000 people.1 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1997Founded1

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Axact (Urdu: ایگزیکٹ) is a Pakistan software company that runs numerous websites selling fraudulent academic degrees for fictional universities. The company used to own the media company BOL Network.2

Corporate structure

Axact sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

The story

Founded by Shoaib Ahmed Shaikh in 1997.1

Leadership

Who has led Axact, and when. Pick a name to see everywhere that person has worked.

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Timeline

  1. 1997Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
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