India's financial crime agency has raided offices of some sellers operating Amazon and Walmart-owned Flipkart in an investigation into alleged violations of foreign investment rules, three government sources said on Thursday.

As part of the investigation, searches were conducted at a total of 19 premises of these "preferred" vendors located in Delhi, Gurugram and Panchkula (Haryana), Hyderabad (Telangana) and Bengaluru (Karnataka),

India's financial crime agency has raided offices of some sellers operating Amazon and Walmart-owned Flipkart in an investigation into alleged violations of foreign investment rules, two government sources said on Thursday.

The Enforcement Directorate (ED) is investigating prominent vendors on Amazon and Flipkart for potential violations of foreign investment rules. The ED searched several locations across India, examining documents related to allegations of unfair trade practices.

A probe has been initiated by the federal agency under the provisions of the Foreign Exchange Management Act (FEMA) after it received several complaints against the two large e-commerce companies wher

The searches were conducted at 19 premises located at Delhi, Bengaluru, Mumbai, Hyderabad and Panchkula (Haryana)

The Enforcement Directorate has launched nationwide raids on Amazon and Flipkart, investigating alleged violations of the Foreign Exchange Management Act.

The Enforcement Directorate (ED) on Thursday conducted searches under the Foreign Exchange Management Act (FEMA) at 19 premises of main vendors of e-commerce giants Amazon and Flipkart across multiple cities,