"Incriminating Data Seized": Probe Agency After Searches At BYJU's

The Enforcement Directorate today conducted searches at the premises of Byju Raveendran, CEO of Bengaluru-based ed-tech firm BYJU's, for allegedly violating foreign funding laws. Two business and one residential premises in Bengaluru were searched by the probe agency in connection with a case against Mr Raveendran and his company 'Think & Learn Private Limited' under the provisions of the Foreign Exchange Management Act (FEMA).