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ED searches Byju's CEO's office, residence over FEMA violations

The ED on Saturday said it conducted “searches and seizure action” at three places belonging to Bengaluru-based edtech giant Byju’s, including its head office and founder Byju Raveendran’s city residence. The ED said this was done under provisions of the Foreign Exchange Management Act (Fema).

The ED on Saturday said it conducted “searches and seizure action” at three places belonging to Bengaluru-based edtech giant Byju’s, including its head office and founder Byju Raveendran’s city residence. The ED said this was done under provisions of the Foreign Exchange Management Act (Fema). from Times of India https://ift.tt/vAWFC7X
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