ED finds around Rs 9000 crore FEMA violation by Byjus Check details - Business News India - Byju surrounded by FEMA rules, allegations of irregularities worth Rs 9000 crore, Business News- CMB College

ED finds around Rs 9000 crore FEMA violation by Byjus Check details – Business News India – Byju surrounded by FEMA rules, allegations of irregularities worth Rs 9000 crore, Business News

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Faced with financial crisis, edutech unicorn Baiju’s troubles have increased. Investigating agency ED has collected around Rs. Violation of Foreign Exchange Management Act (FEMA) has been detected by Baiju worth Rs 9000 crore. Meanwhile, former Baiju employees have accused the company of missing a deadline for their full and final payment.

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