Amazon Pay gets a further Rs 225 crore from its parent

Bengaluru: Amazon Pay has received a capital infusion of Rs 225 crore from its US parent through a Singapore unit, latest regulatory filings sourced from business intelligence platform Tofler showed.

The digital payments arm of Amazon India had in March received another Rs 225 crore from Amazon Corporate Holdings, Singapore along with a token investment from Mauritius-based Amazon.com Inc. This takes the total fund infusion in Amazon Pay to Rs 450 crore this year as the US-based e-tailer continues to push its digital payments platform here.

Amazon Pay houses a digital wallet and is also expanding its Unified Payments Interface (UPI)-based digital payments tool among users in India.