ED raids offices of Amazon and Flipkart sellers

The Enforcement Directorate (ED) on Thursday raided offices of some sellers operating on Amazon and Walmart-owned Flipkart for alleged violations of foreign investment norms and prevention of money laundering Act (PMLA).

Official sources said that searches took place at 19 locations in New Delhi, Gurugram, Panchkula, Hyderabad and Bengaluru.

Some reports indicate that Appario Retail, Shreyash Retail, Darshita Retail and Ashiana Retail are some of the entities under the scanner. However, this could not be independently verified.