Amazon infuses INR 400 Cr in its Indian logistics subsidiary
Image Credit: Inc42
Ecommerce major Amazon has invested an additional INR 400 Cr in its Indian logistics arm Amazon Transportation Services. The investments occurred on January 6. Amazon’s business entities in Singapore and Mauritius infused the money, ET reported citing data from Tofler. Last June, Amazon had infused INR 375 Cr in its Indian logistics subsidiary through its Singapore and Mauritius entity.