Amazon Planned To Invest Rs 650 Cr Capital In Its Wholesale Markets

According to the source, Amazon has invested a fund worth ₹650 crores in the B2B business of Amazon India. All the documents were registered with the Corporate Affairs Ministry, and the funds were reportedly came from Amazon Corporate Holdings Pvt Ltd. 

The new funds provide the bulk of armory to Amazon that would be more helpful to expand its wholesale B2B markets in the country. 

As per the information, the issued date was mentioned to be October 26, 2021. It was known that Amazon did not answer the emailed queries.

The records say that Amazon also invested the capital of Rs 1,460 crore into Amazon Seller Services in October to expand its production all over the globe.                         

Though Amazon had previously invested in many of the Indian business shares, these funds were intended to develop the infrastructure and improve the buyer and seller experience.