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Amazon invests Rs 650 cr in Amazon Wholesale (India)

Monday, 29 Nov 2021
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Amazon has invested fresh capital to the tune of Rs 650 crore into one of its India units, Amazon Wholesale (India). 
 
Amazon Corporate Holdings and Amazon.com.incs have made Rs 650 crore investment in the wholesale B2B arm of Amazon India. 
 
The date of allotment was 26 October 2021. The fresh funds will provide more arsenal to Amazon in India to bolster its wholesale B2B business in India. 
 
These investments have been deployed towards expanding infrastructure and adding solutions to enhance consumer and seller experience. In October 2021, Amazon had also infused fresh capital to the tune of Rs 1,460 crore into Amazon Seller Services.
 
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