Amazon invests over Rs 2,500 cr into India units

NEW DELHI: Amazon has infused over Rs 2,500 crore into two of its Indian businesses, Amazon Seller Services and Amazon Data Services India, according to regulatory filings.

The investment comes just days after its founder and the world’s richest man Jeff Bezos announced USD 1 billion investment in digitising small and medium enterprises (SMEs) in the country.

An e-mail sent to the company did not elicit a response.

As per regulatory documents sourced from business intelligence platform paper.vc, the board of Amazon Seller Services has allotted shares worth about Rs 2,208 crore to Amazon Corporate Holdings and Amazon.com Inc. The resolution to this effect was approved on January 24.