Shocking development! Paytm, Razorpay, Cashfree raided by ED
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In a shocking development, the Enforcement Directorate Saturday said it conducted raids at six premises of online payment gateways such as Razorpay, Paytm and Cashfree
In a shocking development, raids were conducted at as many as six premises of online payment gateways such as Paytm, Razorpay and Cashfree in Bengaluru by the Enforcement Directorate on Saturday. ED revealed that the raids were carried out over alleged irregularities in Chinese loan app PMLA case. During the raids, ED said it has seized ₹17-crore worth funds.ED said the "premises of Razorpay Pvt Ltd, Cashfree Payments, Paytm Payment Services Ltd and entities controlled/operated by Chinese persons are covered in the search operation". Even as Paym refuse...