ED Files Complaint Against Myntra For Alleged FDI Violations

Imagine a big online store, Myntra, that was supposed to follow special rules because it got money from other countries.

The government thinks Myntra broke these rules.

Myntra said it was a wholesale seller, but really sold to customers through another company it owned.

This let them get more money than they should have.

The government is now investigating because Myntra didn't follow the rules about how foreign money can be used in the business.

The government thinks that Myntra was using the foreign investment money in a way that wasn't allowed by the rules.