India expands its e-commerce crackdown with a new $200M case against Walmart’s fashion arm Myntra

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India expands its e-commerce crackdown with a new $200M case against Walmart’s fashion arm Myntra

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India's financial crime watchdog filed a complaint against Walmart-backed Myntra, alleging the company violated foreign investment rules by channeling over $191 million through a related-party scheme.

Source: https://techcrunch.com/2025/07/23/india ... rm-myntra/
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