Byju’s expects minimal or no fine from India’s forex rule violation allegation

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Byju’s said on Wednesday that recent accusations by India’s crime-fighting agency regarding a breach of the nation’s foreign exchange rule are “solely technical” in nature and the startup anticipates that any resultant penalty would be minimal. The Bengaluru-headquartered startup, India’s most valuable, said it has filed requisite intimation for all the foreign direct investment it © 2023 TechCrunch. All rights reserved. For personal use only.

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