Thursday, March 28

Tag: amazon’s biggest investment

Amazon Infuses ‘The Biggest’ Investment Of 2900 Cr
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Amazon Infuses ‘The Biggest’ Investment Of 2900 Cr

E-commerce giant Amazon has recently infused another sum of Rs 2,900 crore in its Amazon Seller Services, marking it a single-biggest infusion in its Indian arm, in comparison to Flipkart's raise of total $4 billion. In this fiscal, Amazon has infused a total of $1 billion into its Amazon Seller Services (India). Earlier in September, Amazon India received a funding of Rs 1620 crore, and then a Rs 1680 crore fund in June. “As India’s largest and fastest-growing ecommerce player, and with a long-term commitment to make ecommerce a habit for Indian customers, we continue to invest in the necessary technology and infrastructure to grow the entire ecosystem. We are delighted and humbled by the trust from our customers, to lead in India on things that matter to our customers in over four ...