Myntra Responds to ED Probe Over FEMA Allegations

Myntra, an online shopping company, is being looked at by the government because of concerns about how it handles money from other countries.

The government thinks Myntra might not have followed all the rules when it took money from foreign investors.

Myntra is accused of pretending to be a company that sells products to other businesses, but actually selling directly to customers, which has different rules.

Myntra says it hasn't received any official complaints yet, but it promises to cooperate with the government and follow the rules.

The government is checking to see if Myntra broke any laws related to foreign money and how it's used in the business.