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On July 23, 2025, ED, Bengaluru Zonal Office, filed a complaint under section 16(3) of the FEMA Act, 1999, against Myntra ...
ED stated that Myntra routed most sales through a group entity, Vector E-Commerce, to mask B2C transactions as B2B, allegedly ...
ED investigates Myntra and One Sigma Technologies for alleged FDI policy violations worth crores, leading to legal action.
The Enforcement Directorate alleges that Myntra and its related companies are engaged in multi-brand retail trade (MBRT) ...
The Enforcement Directorate has registered a case against Indian fashion e-commerce company Myntra, its associated companies ...
The ED has alleged that the Bengaluru-based company, which is backed by Flipkart, violated existing FDI norms governing ...
The Enforcement Directorate has filed a complaint against Myntra for violating foreign direct investment rules, alleging ...
Enforcement Directorate accuses Myntra of violating FDI regulations by disguising retail as wholesale, totaling ₹1,654 crore.
ED takes big action against Myntra, registers case under FEMA in alleged violation of FDI guidelines
The ED said that the complaint has been filed under Section 16(3) of the Foreign Exchange Management Act after the federal ...
Flipkart-owned fashion e-commerce giant Myntra is facing heat from the Enforcement Directorate, India's financial crime ...
Myntra, a Flipkart-backed e-commerce platform, is facing a FEMA case by India's Enforcement Directorate for alleged FDI ...
Myntra has issued a formal response following allegations from the Enforcement Directorate (ED) that the company violated ...
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