MLM is the newest and fastest-growing sector in India.
The sector accounts for around half of the country’s gross domestic product, and accounts for about 4% of the workforce.
The industry is growing by 30% a year.
With its growing reach, MLM has become a hot topic in the country.
And the country has taken notice.
The Prime Minister Narendra Modi has launched a massive campaign to encourage people to start businesses and has set up a task force to look into the sector.
A top official of the Ministry of Commerce and Industry has recently announced the establishment of a joint task force on ‘Empowerment of women, persons with disabilities and the elderly in the online ecosystem’.
A recent report by the World Bank also found that India’s economy was expected to grow by 8.5% this year.
But the challenges facing the sector are still unknown, especially in the context of its rapidly expanding reach.
The National Company Law Enforcement Mission (NCLEM) has identified about 5,400 online platforms and platforms with over 500 million monthly active users, with nearly one-third of them operating in the digital space.
But they all operate in India with no formal regulation.
Some of these platforms are not only unregulated, but also illegal.
So we went to the top five platforms that are still operating in India and asked them how they are trying to regulate the online world.
In India, it is estimated that about 85% of online businesses operate illegally, according to a 2016 report by Indian Economic Survey (IES).
These platforms include sites such as e-commerce portal Flipkart and e-tailer marketplace Shopclues, which allow customers to pay for goods and services in a way that is not available at local retailers.
Flipkarts parent company Reliance Industries is one of the biggest players in the space.
The company is believed to have more than 4,000 retail stores in India alone, but has also started to expand into other markets, including the US, Germany, UK and Italy.
Flipka, the platform owned by the world’s second-largest internet retailer Amazon India, has more than 1,200 retail outlets, and is the biggest e-retailer in India so far.
It has also launched its own online store called Shopcloses in the US.
It is believed that Flipka sells over 200,000 items per day.
Flipki has been accused of creating a pyramid scheme where customers are promised products and then sold products that they cannot afford.
FlipKart has said that it does not have any role in the creation of the content on its platform.
FlipCloses claims to offer consumers the option to purchase products in India at wholesale rates and offers customers the option of receiving a commission for the transaction.
But these claims are disputed by several experts who say that Flipkars business model is completely illegal.
Flipcloses claims it does ‘nothing wrong’.
The site’s founders claim they have no control over its pricing structure.
Flipko has also denied that it operates illegal businesses, claiming that it only accepts payment in cash and no other payment method.
It says that its platform does not require users to register any account and that it has zero fees on transactions.
Flipku, the second-biggest e-payment platform in India behind Flipkarn, has been targeted by a US law enforcement group for allegedly failing to adhere to Indian laws.
In the latest court case, the US Department of Justice alleges that Flipku did not have proper licensing, and that customers could not opt out of paying with cash.
In an interview with CNBC earlier this year, Flipkalks founder and CEO Deepak Goyal said that he would “never” accept payment from third-party sellers and that the platform was completely legal.
He claimed that the company was not able to make payments through banks in India due to regulations.
“We don’t accept any form of payment,” he said.
“When you pay through Flipkap, the money you pay is deposited into a wallet on our servers.
We do not accept any kind of payment, except in cash,” he told CNBC.
Goyal also claimed that Flipkkart’s payments processing system was in compliance with Indian law, despite the company’s statement that its payments system was not in compliance.
“There’s nothing illegal about Flipkarma.
There’s nothing wrong with Flipkarm, the business model.
It’s not illegal, and I can assure you,” he added.
Flip, Flipki and Shopclos, which is based in the UK, are the top three most popular online platforms in India according to the latest report by IndiaSpend.
The platforms operators also have a number of other legal challenges that they face, such as trademark issues,