Byju’s Alpha Inc., the American arm of India's renowned ed-tech company Byju’s, has filed for Chapter 11 bankruptcy in a Delaware court, citing a default on a staggering $1.2 billion debt.
NEW DELHI: Online-to-offline coaching chain BYJU’s, which had come under scrutiny by the Enforcement Directorate (ED) for Foreign Exchange Management Act (FEMA) violations in April this year has been asked to reply on the misuse of its two rented properties operated from a prime residential area of Delhi. Criticism has mounted on BYJU’s over tax […]
ED hasseized several incriminating documents and data