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Over Rs 9,300 crore FEMA notice against Byju’s

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New Delhi, November 21

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The Enforcement Directorate on Tuesday said it has issued a foreign exchange violation show- cause notice of more than Rs 9,300 crore against edtech major Byju’s and its CEO and co-founder Raveendran Bjyu. The notice has been issued to the registered company of Byju’s — Think & Learn Pvt Ltd — and Raveendran under FEMA.

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