Indian lawmaker calls for investigation into edtech giant Byju’s finances

Karti Chidambaram, an Indian lawmaker, has called for an investigation into the finances of Byju’s, the country’s most valuable startup, for not submitting its statements for the financial year that ended in March 2021, which he alleged violates a local law, and other “loopholes.”
Chidambaram, a Member of Parliament for Sivaganga in the Lok Sabha, on Wednesday wrote to the country’s fraud regulator, requesting they open an investigation into the finances of Byju’s, which as he pointed has yet to secure $250 million capital from its most recent funding round unveiled in March, has f

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