ED conducts searches against BYJU's CEO Raveendran, says he never appeared for questioning
New Delhi (PTI): The Enforcement Directorate on Saturday said it has searched the Bengaluru-located office and residential premises of Edtech major BYJU's CEO Raveendran Bjyu and seized "incriminating" documents and digital data as part of a foreign exchange violation probe.
A total of three premises, two business and one residential, were raided recently under the provisions of the Foreign Exchange Management Act (FEMA), it said in a statement.
The agency said it has seized various incriminating documents and digital data.
It said the action was taken on the basis of "various complaints" received by private people and alleged that Raveendran Bjyu was issued "several" summons but he remained "evasive and never appeared" before the ED.
The searches found that his company, Think & Learn Pvt. Ltd., received foreign direct investment (FDI) to the tune of about Rs 28,000 crore during 2011-2023.
"The company also remitted about Rs 9,754 crore to various foreign jurisdictions during the same period in the name of overseas direct investment," the agency said.
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Bearys education announces ‘campus connect & talent hunt 2026,' offers up to 100% scholarships
Mangaluru: Bearys Education has announced the launch of its “Campus Connect & Talent Hunt 2026,” scheduled to be held on April 11 at the Bearys Knowledge Campus near Mangalore University in Innoli.
The initiative, aimed at promoting academic excellence and student empowerment, will offer scholarships of up to 100 percent on tuition fees for meritorious candidates.
The programme seeks to identify and support students aspiring to pursue Pre-University Course (PUC), degree, engineering and architecture programmes.
The event is open to students from SSLC (Class 10), PUC (Class 12), Diploma and ITI streams, along with their parents. Organisers said the day-long programme will focus on guidance, engagement and opportunities for students planning their academic future.
A Talent Hunt Examination will be conducted on April 11 at 9.30 am, with eligibility extended to students completing SSLC and PUC in 2026. Based on their performance, candidates will be considered for scholarships of up to 100 per cent.
The event will also feature a career guidance and counselling session led by Ameen-E-Mudassar, CEO of CIGMA. In addition, a technical and science expo showcasing student-led innovations, along with a food festival, will be organised as part of the programme.
Organisers stated that the initiative reflects the institution’s focus on quality education, personality development and integrity, while marking over 120 years of educational service.
Interested participants can register before April 8 by scanning the QR code provided in the official announcement (provided below) or by contacting 89704 96949, 81239 04351, or 99000 66888.
