Overmoon, a tech-enabled vacation rental platform, today announced $80M in equity and debt funding from NFX, Khosla Ventures, Camber Creek, 1Sharpe, Sunsar Capital, and others. The funding includes $10M in venture to scale its technology development, $30M in real estate equi
India's Enforcement Directorate, its crime-fighting agency, has issued a show-cause notice to Byju's, accusing it of violating the nation's foreign exchange rules. The ED's allegations say that the Bengaluru-headquartered startup has violated rules under the Foreign Exchange Management Act (FEMA), to the tune of $1.12 billion, by failing to submit documents of imports against advance remittances and proceed of exports made outside India and delayed filing of documents for foreign direct investment received by the startup.