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Amazon infuses Rs 1,125 Cr in Indian e-marketplace unit

Shortpedia

Content Team
Image Credit: shortpedia

Amazon seller services, the online marketplace unit of e-commerce giant Amazon, has received Rs 1,125 crore in internal funding from Singapore-based parent entity Amazon Corporate Holdings, according to an ET report via Tofler. This is the third tranche by Amazon in its Indian unit this year. Earlier, it had infused Rs 2,310 crore in July and Rs 2,208 crore in January, taking the total capital infusion to Rs 5,643 crore in 2020.