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AWS launches Amazon Digital Suite for small business in India
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Amazon Digital Suite will provide a selection of software from AWS’ seven local partners Razorpay, Freshworks, ClearTax, Zoho, etc. to help small businesses to digitise their operations.
Reuters
Amazon has also made a new pledge to onboard a million offline stores onto its platform by 2025 through its ‘Local Shops on Amazon’ initiative.
Bengaluru:Amazon Web Services (AWS) has launched a low-cost software suite for small and medium-sized businesses in India to help them digitise their operations and bring their business online.
Amazon Digital Suite, as the platform is called, will provide a selection of business software from seven domestic AWS partners across areas such as accounting, customer support, and human resources.
AWS eyes growth from Indian companies going digital [Mint, New Delhi]
Jan. 5 BENGALURU Amazon Web Services (AWS), the cloud computing arm of e-commerce giant Amazon Inc., is eyeing strong growth from Indian companies across sizes and sectors that are moving to the cloud to stay relevant in the digital world.
“India is at an inflection point today riding on the digital wave which is a big opportunity for us,” said Puneet Chandok, president Commercial Business, Amazon Internet Services, AWS India & South Asia.
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Amazon has invested Rs 11,400 crore in India in the financial year 2019-2020
Amazon Seller Services, Amazon Wholesale (India), Amazon Pay (India) and Amazon Transportation Services saw their losses adding up to Rs 7,899 crore in FY20.
Dec 31, 2020 18:27:39 IST
US e-commerce giant Amazon has pumped in over Rs 11,400 crore (about $1.5 billion) during FY 2019-20 across its marketplace, payments and wholesale business units in India to bolster its position in the country s burgeoning digital commerce market. The investments have been made even though most of Amazon s business units in India registered losses during the fiscal. Data analysis from regulatory filings by various Amazon entities showed that Amazon Seller Services, Amazon Wholesale (India), Amazon Pay (India) and Amazon Transportation Services saw their losses adding up to Rs 7,899 crore in FY20 as against a loss of Rs 7,014.5 crore in the preceding fiscal.
Amazon invested Rs 11,400 crore in India in 2019-20
The investments have been made even though most of the Amazon s business units in India registered losses during the fiscal
PTI | December 30, 2020 | Updated 10:05 IST
Amazon Seller Services, Amazon Wholesale (India), Amazon Pay (India) and Amazon Transportation Services had registered losses in FY20 at Rs 5,849.2 crore, Rs 133.2 crore, Rs 1,868.5 crore and Rs 48.1 crore, respectively
US e-commerce giant Amazon has pumped in over Rs 11,400 crore (about $1.5 billion) during FY2019-20 across its marketplace, payments and wholesale business units in India to bolster its position in the country s burgeoning digital commerce market. The investments have been made even though most of the Amazon s business units in India registered losses during the fiscal.