Edtech giant Byju’s, founder under India’s financial crime agency radar

Edtech giant Byju’s, founder under India’s financial crime agency radar

a year ago
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https://techcrunch.com/2023/04/28/edtech-giant-byjus-founder-under-india-crime-fighting-agency-radar/

India’s crime-fighting agency searched three premises of edtech giant Byju’s and its founder Byju Raveendran, it said Saturday, and seized various “incriminating” documents and digital data.

The Enforcement Directorate said it conducted the searches under the provisions of the nation’s anti-money laundering law, but declined to elaborate. The agency has conducted several similar probes in recent months, including at crypto firms WazirX and CoinSwitch Kuber, phonemaker Vivo and news broadcaster the BBC.