Amazon’s India Marketplace Unit Receives INR 915 Cr Investment From Parent Firm
Shortpedia
Content Team
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Amazon Seller Services, the marketplace unit of the US-based ecommerce giant Amazon, has received a capital infusion of INR 915 Cr, documents with the Registrar of Companies showed. The investment was led by Singapore-based Amazon Corporate Holdings, with participation from the parent entity Amazon.com Inc. Both were allotted a combined 915 Mn equity shares at a value of INR 10 per share. The news was first reported by ET.
