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Amazon invests 21,660 crore in India arm as competition rises in e-commerce space
The New Indian Express
|May 15, 2024
AMAZON has infused ₹1,660 crore into its India entity and this is the second time that the company has invested money in the last few months.
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Earlier in February Amazon Seller Services said its US parent pumped in ₹830 crore into the company. The investment comes at a time when Walmart has invested about $600 million in Flipkart.
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