Laws on Indirect Foreign Investments in India: Lawyers Advice for Foreign Investors for their Investments in India

An important example of such indirect foreign investment could be with respect to the US based company Walmart, and its investment in Flipkart India. Walmart being a US company, invested in Flipkart India thus, having ownership in this E-Commerce entity. This Indian company having foreign investment further invested by way of a stock transaction in another Indian company called Myntra. This investment is called Indirect Foreign Investment where an eligible Indian entity having foreign investment, invests in another Indian company.