After court notice, Flipkart says it’s fully compliant with FDI laws

NEW DELHI : Leading e-commerce marketplace Flipkart said on Thursday it is fully compliant with foreign direct investment (FDI) laws and works closely with lakhs of small businesses across the country to bring prosperity at the grassroots level.

“We are fully compliant with FDI laws of the country,” it said in a statement.

“We are a marketplace player and work closely with lakhs of our sellers, artisans, and small and medium enterprises (SMEs) across the country. We help them connect with more than 16 crore customers. We are proud of our work to make these sellers and artisans successful and help in economic growth and job creation in India.”