India's Enforcement Directorate searched three premises of edtech giant Byju's and its founder Byju Raveendran as part of an anti-money laundering investigation
TechCrunch Manish Singh
Related Coverage
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- India Startup Byju's Seeks to Reassure Workers After Office Raid Bloomberg
- Byju's CEO assures company's compliance after raids over alleged forex law violations Reuters
- Byju's took all efforts to comply with all applicable foreign exchange laws: CEO tells employees on ED raid Moneycontrol
- ED searches premises linked to Byju's over alleged violation of forex rules The Economic Times
- ED seized various documents and data of Byju's over alleged forex law violations of ₹28,000 Cr Livemint
- ED Searches Byju's Premises Under Anti-Money Laundering Law VCCircle
- ED raids Byju's offices in Bengaluru over FEMA violations Entrackr
- Byju's CEO Raveendran's offices searched by ED over FEMA violations Hindustan Times
- ED raids at premises of ed-tech BYJU's CEO, co-founder Raveendran Free Press Journal
Discussion
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@dir_ed
@dir_ed
on x
ED has conducted searches at 3 premises in Bengaluru in the case of Raveendaran Byju and his company ‘Think & Learn Private Limited’ (Byju online learning platform) under the provisions of FEMA. During the search, various incriminating documents and digital data was seized.
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@cnbcyoungturks
Young Turks
on x
During the search, various incriminating documents and digital data was seized, the Enforcement Directorate notified via Twitter. The searches revealed that the #edtech #unicorn has received #FDI to the tune of Rs 28,000 crore during 2011-2023. https://twitter.com/...
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@bharathgolla
@bharathgolla
on x
Pls cross verify on the agreements that byjus made in recent years https://twitter.com/...
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@jencyjac
Jency Jacob
on x
Thanks to Elon Musk, we don't even know which handles are genuine. But it speaks volumes if one of the most valued start-up is raided and tweets put out in such a hurry. Is the dream run finally over? https://twitter.com/...
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@sushdishater
@sushdishater
on x
Why such searches never end in any punishments ?🤔 https://twitter.com/...
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@hidderkaran
@hidderkaran
on x
Byjus scam exposed. It will expose Jagan quid pro quo soon https://twitter.com/...
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@dharmadispatch
@dharmadispatch
on x
This had to come to this. And it's the tip of the iceberg. https://twitter.com/...
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@thearc_hq
@thearc_hq
on x
Byju's raided by Enforcement Directorate (ED) Three premises relating to founder Byju Raveendran and the company - “Think & Learn” - have been searched for FEMA violations “During the search, various incriminating documents and digital data was seized” - @dir_ed https://twitter.c…
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@chandrarsrikant
Chandra R. Srikanth
on x
🚨🆕️ Byju's is cooperating with the authorities, said founder and chief executive officer Byju Raveendran, in a late-night email on April 30 to all employees, hours after the ED carried out searches. #BYJUS Break by @Unibrowverse https://www.moneycontrol.com/ ...
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@unibrowverse
Mansi Verma
on x
🚨🚨Raveendran's assurance to employees about cooperation with the authorities also comes on the back of ED's statement that said he ‘remained evasive and never appeared’ during the investigation even after several summonses were issued. #ByjuRaveendran #BYJUS https://twitter.com/.…