Amazon Seller Services gets fresh fund infusion of Rs 1,460 cr from parent

US-based e-commerce giant Amazon has infused fresh capital to the tune of Rs 1,460 crore into one of its India units, Amazon Seller Services, according to regulatory documents.

Amazon Corporate Holdings Pvt Ltd, Singapore and Amazon.com Inc Ltd, Mauritius have made the Rs 1,460 crore investment in the unit, documents filed with the corporate affairs ministry and shared by market intelligence firm Tofler showed.

Amazon Seller Services operates the company’s marketplace that helps sellers to sell their products online in India and internationally.

The board of directors of Amazon Seller Services passed the resolution at their meeting on October 29, 2021.