India’s Financial Crime Agency Raids Sellers on Amazon and Flipkart Platforms Over Foreign Investment Violations
Scrutiny on E-commerce Giants In a significant escalation of regulatory scrutiny in India’s e-commerce sector, the Enforcement Directorate (ED), India’s financial crime agency, recently raided offices of sellers operating on Amazon and Walmart-owned Flipkart. These raids are part of an ongoing investigation into potential violations of India’s foreign investment laws, which dictate the operations of…



