Byju’s Strongly Denies ₹9,000-Crore FEMA Violation Notice ED
In a recent development, the Enforcement Directorate (ED) has reportedly issued a show-cause notice to Byju’s, alleging Foreign Exchange Management Act (FEMA) breaches amounting to ₹9,000 crore. The notice reportedly includes Byju Raveendran, the founder of Byju’s, and Think and Learn Pvt Ltd, following an inquiry into potential FEMA violations by the ed-tech unicorn. Byju’s, … Read more
