Amazon infused 240 Cr to bid the competition

Amazon infused 240 Cr to bid the competition: Amazon has placed its strategic investment plan in place to address Indian arm to capture the lion share in the food-only retail industry in India. As per the report,Amazon Retail India Pvt. Ltd has received Rs. 240 Crore from existing shareholder Amazon Corporate Holdings Pvt. Ltd, a Singapore-based existence controlling the food-only retail business across ASEAN countries.

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

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