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ED issues Rs 10,600 crore notice to Flipkart

New Delhi: The Enforcement Directorate has issued a Rs 10,600 crore present trigger discover to e-commerce agency Flipkart for allegedly violating the Overseas Alternate Act (FEMA). The discover was issued to 10 firms and people, together with Flipkart founders Sachin Bansal and Binny Bansal.

In keeping with ED, the lawsuit was most likely funded by Flipkart and a Singaporean agency between 2009 and 2015. In 2018, the US firm Walmart acquired Flipkart.

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