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The recent visit by officials from the Enforcement Directorate (ED) was related to a routine inquiry under the Foreign Exchange Management Act (FEMA), according to Byju's legal team spokesperson.
India's financial crime-fighting agency said on Saturday it had raided three premises linked to education platform Byju's and its billionaire CEO Byju Raveendran over suspected breaches of the... | April 29, 2023
Byju’s controversies: The ED conducted searches on Byju’s premises in Bengaluru in connection with alleged foreign exchange violations on Saturday. But, this is not the first time that the ed-tech firm has come under the government scanner
The Enforcement Directorate conducted searches at 3 premises of BYJU’s in Bengaluru under the provisions of Foreign Exchange Management Act.
Directorate of Enforcement (ED) searched the premises of online private education portal Byju’s, in Bengaluru on April 29.