Amazon pumps in more than $600 million into India units

The Seattle-based e-commerce giant Inc has invested around 45 billion rupees ($634.20 million) into its Indian subsidiaries.

According to information available with the Registrar of Companies, Amazon had pumped the money into its retail, food and payments units.

India is considered as a crucial market for growth. Founder Jeff Bezos has committed to spending more than $5b for the Indian market, where Amazon is locked in a battle with Walmart Inc-owned Flipkart.


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