#byjus

Byju’s vacates all offices except Bengaluru Headquarters, mandates employees to work from home

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Financially strained ed-tech startup Byju’s has vacated all its office spaces and mandated all its employees to ‘work from home’. As per reports, the company, however, has retained its headquarters at IBC Knowledge Park in Bengaluru, where around 1,000 employees will continue to work from the office.  Additionally, around 300 of Byju’s tuition centres are physical spaces. Students of … Read more

ED seeks ‘look out circular’ against Byju’s co-founder B. Raveendran over Foreign Exchange Management Act (FEMA) violations

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The CEO and co-founder of the controversial ed-tech startup Byju’s, Byju Raveendran, is likely to get a lookout circular (LOC), as asked by the Directorate of Enforcement (ED) to the Bureau of Immigration (BOI), reported The Economic Times. The central agency asked BOI earlier this month to issue a new LOC in an effort to prevent him from leaving … Read more