Govt seeks Byju's reply on delayed filing of audited accounts: Report

Earlier this month, the Ministry of Corporate Affairs sent a letter to Byju's parent company asking them to explain the 17-month delay in filing audited accounts, say people familiar with the matter

India sought reasons from Byju’s, the country’s most-valuable startup backed by Tiger Global Management, for not yet filing its audited financial accounts for the year ended March 2021, according to people familiar with the matter.

Earlier this month, the Ministry of Corporate Affairs sent a letter to Byju’s parent company asking them to explain the seventeen-month delay in filing audited accounts, the people said, asking not to be named as the information is private.

The delay in filing is due to consolidating the accounts of a number of companies that the online education provider acquired during the accounting year, the