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22 November 2023

India's Enforcement Directorate accuses edtech giant Byju's of violating rules under the country's Foreign Exchange Management Act to the tune of $1.12B (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
India's Enforcement Directorate accuses edtech giant Byju's of violating rules under the country's Foreign Exchange Management Act to the tune of $1.12B  —  India's Enforcement Directorate, its crime-fighting agency, has issued a show-cause notice to Byju's, accusing it of violating the nation's foreign exchange rules.

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