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ED conducts search at Chinese-owned edtech firm in Bengaluru, seizes Rs 8.26 crore

The Enforcement Directorate (ED) conducted searches against the group in April and found that the company is 100 per cent owned by Chinese nationals.

Bengaluru , Karnataka , India , China , Hong-kong , Chinese , Liu-can , Foreign-exchange-management-act , Facebook , Pigeon-education-technology-private , Google , Enforcement-directorate

ED Seizes Edtech Startup Odaclass' Parent's INR 8.26 Cr In FEMA Violation Case

ED seized INR 8.26 Cr in the case of Pigeon Education Technology India Private Limited, which operates edtech startup Odaclass

India , Bengaluru , Karnataka , Hong-kong , China , Chinese , Liu-can , Liu-kan , Pigeon-education-technology , Foreign-exchange-management-act , Google , Pigeon-education-technology-india-private

ED seizes funds worth Rs 8.26 crore of Chinese-owned education company in Bengaluru

ED seizes funds worth Rs 8.26 crore of Chinese-owned education company in Bengaluru
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Bengaluru , Karnataka , India , China , Hong-kong , Chinese , Liu-can , Pigeon-education-technology-private , Facebook , Google , Foreign-exchange-management-act , Enforcement-directorate