Amazon infuses Rs 1,125 crore into India unit ahead of festive sales

US-based e-commerce giant Amazon has infused fresh capital to the tune of Rs 1,125 crore into one of its India units, Amazon Seller Services, according to regulatory documents. According to a PTI report: The fresh infusion will provide more ammunition to Amazon to compete aggressively against Walmart-owned Flipkart and billionaire Mukesh Ambani-run Reliance Industries’ JioMart … Continue reading Amazon infuses Rs 1,125 crore into India unit ahead of festive sales