Amazon to invest additional Rs 1,350 crore in its India unit

IndiaTimes of India — BENGALURU: Amazon has invested an additional Rs 1,350 crore (about $200 million) in its India unit this year, stepping on the pedal as it seeks to accelerate the momentum gained in the past 18 months. The latest investment in Amazon Seller Services, disclosed in regulatory filings on May 31, takes the total capital infused into the main India unit since early 2015 to Rs 8,618 crore.

http://timesofindia.indiatimes.com/tech/tech-news/Amazon-invests-additional-Rs-1350-crore-in-its-India/articleshow/52549569.cms

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