Enforcement Directorate issues show-cause notice to Byju's for alleged FEMA violations, company denies

The Enforcement Directorate (ED) has sent a show-cause notice to Byju, accusing the company of violating the Foreign Exchange Management Act (FEMA) to the tune of Rs 9,000 crore. According to a report by the Economic Times, the notice has been sent to Byju Raveendaran, founder of Byju's, and Think and Learn Pvt Ltd. 

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