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Amazon Completes Axio Acquisition
Mint Hyderabad
|September 05, 2025
Amazon said on Thursday that it has completed the acquisition of non-banking lender Axio for an undisclosed amount, securing access to a direct lending business in India.
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The Reserve Bank of India cleared the deal in June, said Mahendra Nerurkar, Amazon's vice president for payments for emerging markets. The deal has been in the works since December.
This story is from the September 05, 2025 edition of Mint Hyderabad.
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