Byju's faces financial crime probe in India.

India's anti-money laundering agency, the Enforcement Directorate, conducted searches at three premises of edtech giant Byju's and its founder Byju Raveendran, seizing "incriminating" documents and digital data. The probe was prompted by various complaints from private individuals and the delayed filing of annual financials by Byju's. The investigation is ongoing, and Byju's has termed the searches as a "routine inquiry." Byju's is India's most valuable startup and is currently closing a large funding round and gearing up for the IPO of its subsidiary unit physical tutor chain Aakash.