ecommerce funding

Finally, Enforcement Directorate seems to have hit upon hard evidence showing that India’s poster boy E-commerce company, Flipkart, being guilty of violating FEMA (Foreign Exchange Management Act). According to ET, who have quoted…

Two of the biggest Indian eCommerce portals: Flipkart and Myntra are currently being investigated by Enforcement Directorate (ED) for possible violation of FEMA or Foreign Exchange Maintenance Act. The charges are not yet clear, but it…

Updated By Arun Prabhudesai: Oct 9th 12:00 noon Sachin Bansal, Co-Founder and CEO of Flipkart made a tweet that puts to rest the rumours that have been making rounds for past few weeks. He has tweeted that Flipkart has raised USD 360…