E Commerce News

Flipkart co-founder Sachin Bansal reaches court after ED’s penalty notice

Flipkart co-founder Sachin Bansal reaches court after ED’s penalty notice

New Delhi: Sachin Bansal, co-founder of e-commerce giant Flipkart, has mounted a court challenge against the Enforcement Directorate (ED), which has accused him and others of violation of foreign investment laws, court records showed. The ED had in July issued a so-called show cause notice to Flipkart, its founders and