ReferIndia News ED files FEMA case against Myntra & its directors for ‘Rs 1,654 crore FDI violation’

ReferIndia News

Mumbai’s Trusted Investment Experts

24+ years of financial planning, portfolio management & wealth growth.

Learn More
News Image

ED files FEMA case against Myntra & its directors for ‘Rs 1,654 crore FDI violation’

Published on: July 23, 2025, 5:32 p.m. | Source: ThePrint

Inquiry revealed Myntra Designs Pvt Ltd allegedly received Rs 1,654 cr funding through FDI in Wholesale Cash & Carry category but was doing business in Multi Brand Retail Trade category.

Checkout more news
Ad Banner

Your idea, online today

Launch your brand today, no experience needed

Start Now
ReferIndia News contact