ED raids Byju’s offices in Bengaluru for suspected FEMA violations

  • The Enforcement Directorate (ED) conducted a search operation at three premises of Byju Ravindran and his company Think & Learn Private Limited.
  • The search was conducted under the Foreign Exchange Management Act, 1999 (FEMA).
  • Various documents and digital data were seized during the search.
  • The ED released a statement about the search and the suspected FEMA violations.

Via

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