QNET is an international direct selling company that started in 1998. QNET was one of the first companies in the world to incorporate e-commerce into traditional face-to-face direct selling. The company expanded seamlessly across borders, bringing products and services to customers around the world. Today, QNET is a leading global direct selling company with over 25 offices in Asia, the Middle East, Europe, Sub Saharan Africa, Russia, and the CIS region. QNET’s global headquarter is in Hong Kong. In India, QNET operates through its local sub-franchisee Vihaan Direct Selling (India) Pvt Ltd with its registered office in Bengaluru. Over the years QNET India has touched the lives of millions across the country.
QNET has been facing many challenges in India lately. Mostly in Mumbai and Karnataka. The situation surrounding QNet in India and in Mumbai particularly appears to be some form of orchestrated sustained attack on the company to undermine our reputation and prevent us from competing fairly and openly in India. The allegation is over a claim of fraud over a non-existent commercial transaction amounting to Rs.32,000 which was escalated to the Economic Offences Wing.
A man named Gurupreet singh Anand, trying to make money off of a genuine company, tried to put QNET’s name in the dirt. He claims that his wife bought a bio-disc, whereas, in QNET’s records, it shows that she ordered an e-learning course, for which no money ever was paid to the company. The cheque was stopped before it could be processed and hence, the transaction was nullified. All these allegations of QNET having sold his wife a ‘cancer-curing’ product are completely false.
He has been trying to take a grudge out with the company for some reason and has been putting it down. Mr. Gurupreeth singh anand has been lynching the company for alleged “fraud”, wherein all the proofs say against it. QNET has not been claiming any false claims regarding any product.
QNet’s business model is sound and fair and all its IRs are a proof of it. The lack of legislation for direct selling in India has led to many companies including QNET being investigated under various Acts, such as Prize Chits and Money Circulation (Banning) Act that have nothing to do with what direct selling companies do.
In 2011, QNET appointed Vihaan Direct Selling (India) Pvt. Ltd. as its sub-franchise in India. Vihaan is incorporated under the Companies Act, 1956 and possesses all valid licenses required to operate its business. The company adheres to all statutory mandates and the direct selling guidelines issued by the Ministry of Consumer Affairs in 2016.
QNET has been trying to get its name back for a few years now. We the IRs/ distributors have suffered the most. Our businesses have suffered the most. QNET has suffered enough and so has its IRs. This thing should be put to an end now.
For an elaborate detail read my article What is QNET?
