Byju’s CEO made a big statement after ED’s raid, said – brought more FDI than any Indian startup
The statement of Ravindran Byju, the CEO of Edtech company Byju’s has come to the fore after ED raids at his house and office. He has said that his Edtech company has brought the maximum FDI in the country so far. Byju’s has brought more FDI than no startup has brought foreign investment till now. Byju’s has so far brought more than 9 thousand crore foreign investment in the country.
Let me tell you, after the raid on Sunday, Ravindran Byjus has addressed his employees through a letter. He told his employees that the company has not done any kind of rigging.
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The company has achieved many heights
Ravindran Byju told that he has fully cooperated in the investigation of ED. The company has answered all the information and questions asked by ED. At the same time, in the last few years, the company has made many acquisitions outside India as well, they have brought many FDI in the country. Which will help in taking the company forward. For these investments, the company has also sent funds outside the country.
There is doubt on this money
According to the information, ED sent several summons to the owner of Byju’s and called for questioning. But despite this he did not appear before them nor did he answer anything. Taking action on which yesterday ED had to raid their locations. During the search, the investigating agency found about Rs 28,000 crore under FDI to Byju’s Think and Learn Pvt Ltd. At the same time, it was also found in the investigation that he has also sent about Rs 9,754 crore abroad in the name of foreign investment. From all these things, the agency is feeling that there is a discrepancy in the data of the company.