Last Monday, India’s corporate affairs ministry requested an inquiry from edtech firm Byju’s, CNBC-TV18 reported.
According to the news outlet, the ministry has noted Byju’s corporate governance issues.
Byju or the finance ministry did not immediately answer Reuters’ queries for comment.
The claim comes a day after Deloitte and three of Byju’s board members broke connections with the company amid an ongoing legal dispute with its lenders and a drop in investor valuation.
Byju sued lender Redwood Management over allegations that it stashed $500 million.
