2min chapter

The Startup Operator cover image

Roundup #108: No AI regulation in India, Byju's in trouble, How delivery apps make money and more!

The Startup Operator

CHAPTER

The Investigation of Bijus Ravindarun

The enforcement directorate has conducted search and seizure operations at three premises of Bijus Think and learn private limited in Bangalore. FEMA searches also revealed that the company has received an FDI to the tune of rupees 28,000 crore between 2011 and 2023. Though the company has not prepared its financial statements since the financial year 2020 and 2021, the investigation has not got to the accounts audited, which is mandatory. And while several summons were issued to the founder and CEO, Biju Ravindarun, he has always remained evasive and never appeared during any of the investigation.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode