A Multi-Level Marketing (MLM) company in India is a business model where individuals can earn money through the direct sale of products or services, as well as by recruiting others to join the company as distributors or representatives. These distributors build their own sales teams and earn commissions not only from their own sales but also from the sales made by the people they have recruited and those recruited by their recruits, forming a multi-level structure.

Retail trade, except of motor vehicles and motorcycles; repair of personal and household goods

Source: Ministry of Corporate Affairs company master (open data). Capital figures are as-of the 2021 registry snapshot, not live.