Amazon  open  to help  out  Future Group

Amazon Inc. is open to helping debt-laden Future Group bring in a new, financially strong partner or investors if it calls off its ₹24,700 crore deal with Reliance Retail Ventures Ltd, said two people aware of the US e-commerce firm’s plans.

They said Amazon, which holds a 49% stake in Future Coupons Pvt. Ltd, had earlier informally helped Kishore Biyani-founded Future Group get new strategic partners and large institutional investors to help it with its debt crisis. Both people spoke on condition of anonymity.

Even after filing a legal case against Future Group for breaching a non-compete clause in the Future Coupons pact, Amazon is open to helping Future Group get a new investor, said the first person cited above.