Reportedly, this development comes ahead of a high-stakes Extraordinary General Meeting (EGM) scheduled for this Friday, where certain investors seek to oust Raveendran from his position.
"Digital learning has been the cornerstone of educational reforms in the State. With an aim to making students from socially deprived backgrounds, globally competitive, my Government has distributed 9,52,925 TABs, with preloaded Byju's content of classes eight and nine to the Class eight stu
The Enforcement Directorate has issued show cause notices to Byjus for violations under the Foreign Exchange Management Act (FEMA) violations amounting to Rs 9362.35 crores.
He wrote that Byju's was funded by more than 70 impact investors who have satisfactorily done due-diligence on operations. Raveendran said he was confident that the authorities will also come to the same conclusion.
The recent visit by officials from the Enforcement Directorate (ED) was related to a routine inquiry under the Foreign Exchange Management Act (FEMA), according to a Byju's legal spokesperson.
The Directorate of Enforcement (ED) has conducted searches and seizure action at three premises in Bengaluru in the case of Raveendaran Byju and his company 'Think & Learn Private Limited' under the provisions of the Foreign Exchange Management Act (FEMA).
Pramod Kumar Tiwari, Director General, Bureau of Indian Standards, on Wednesday told ANI, "We received a complaint for misleading advertisement against Byju's. The complainant has said that Byju's claims that many of their students cleared the examinations of civil services. The complaina
The National Commission for the Protection of Child Rights (NCPCR) has claimed that the edtech company Byju's is allegedly purchasing the phone numbers of kids and their parents and threatening them that their future will be ruined if they do not buy courses from it.
The National Commission for Protection of Child Rights (NCPCR) has summoned BYJU's CEO Byju Raveendran, asking him to appear in person on December 23 over alleged malpractice of hard selling and mis-selling of its courses for students.
Bengaluru (Karnataka) [India], November 24 (ANI/BusinessWire India): Growfitter, India's biggest incentivised wellness platform, has partnered with NEAR India, NEAR Foundation's regional hub in India to expand its operations globally.
Lionel Messi, who plays for Paris Saint-Germain and captains the Argentinian football team, has signed an agreement with BYJU'S to promote the cause of equitable education.