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MCA’s BYJU’S Probe Likely To Focus On Flow And Use Of SPV Funds

Inc42 · 10m

The Ministry of Corporate Affairs will be conducting an investigation into the financial activities of BYJU'S Alpha, the American subsidiary of edtech company BYJU'S. The move comes in response to a report by the Registrar of Companies (ROC) which identified financial irregularities. This investigation adds to the ongoing legal battles, financial challenges, and regulatory scrutiny faced by BYJU'S.