The Enforcement Directorate has conducted searches at the home and offices of Byju's CEO Raveendran in Bengaluru today, April 29. In a tweet, the ED has said that they conducted searches at three premises of Byju in Bengaluru under the Provisions of Foreign Exchange Management Act, FEMA. <br />''<br />''A statement by the Byju's says that the searches were related to a routine inquiry under FEMA. It adds that the organisation has been completely transparent with the authorities and has provided them with all the information they have requested. The company had delayed for months in filing its financial statements last year and had laid off employees.<br />