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Amazon Pay gets fresh funding of ₹225 crore - The Hindu BusinessLine

Amazon Pay gets fresh funding of ₹225 crore Forum Gandhi Mumbai May 13 | Updated on May 13, 2021 The funds are likely to be used for infrastructure development Amazon Pay India Private Limited, the online payment business of e-commerce giant Amazon, has received fresh funding of ₹225 crore. According to financial data accessed by the business intelligence platform, Tofler, the fresh investment has been made by Amazon Corporate Holdings Private Limited, Singapore and Amazon.com Inc Limited, Mauritius against 22.5 crore equity shares. The significant share has gone to Amazon Singapore which has invested ₹ 224.9 crore. Last week, Amazon India had raised ₹915 crore from its holding company, Amazon Corporate Holdings Private Limited and Amazon.com.incs Limited Company.

Amazon corporate holdings privateAmazon incRegistrar of companiesAmazon seller services pvtAmazon pay india privateAmazon pay india private limitedAmazon corporate holdings private limitedZinc limitedAmazon singaporeAmazon indiaAmazon seller servicesLimited companyஅமேசான் பெருநிறுவன ஹோல்டிங்ஸ் ப்ரைவேட்அமேசான் இன்க்பதிவாளர் ஆஃப் நிறுவனங்கள்அமேசான் விற்பனையாளர் சேவைகள் பிரைவேட்

Amazon invests Rs 225 cr in India digital payments arm to ramp up presence

US-based e-commerce giant Amazon has invested Rs 225 crore in its Indian digital payments business, buttressing its competition with Walmart-owned PhonePe, Alibaba-backed Paytm, and Google s mobile payment service Google Pay. The funding for Amazon Pay came from Singapore-based Amazon Corporate Holdings Private Limited and Mauritius-based entity Amazon.com.incs Limited Company, according to regulatory documents sourced by business intelligence platform Tofler. Amazon Pay had received another Rs 225 crore in March this year from the same entities. The fresh funding takes the total capital infusion in Amazon Pay to Rs 450 crore this year, at a time when the second wave of the Covid-19 pandemic has further increased the adoption of e-commerce and digital payments.

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Amazon India raises ₹915 crore from parent entities - The Hindu BusinessLine

Amazon India raises ₹915 crore from parent entities May 08, 2021 × It plans to set up 10 new fulfillment centers, 5 new sortation centers, nearly 200 delivery stations Amazon India has raised ₹915 crore from its holding company, Amazon Corporate Holdings Private Limited and Amazon.com.incs Limited Company. According to documents filed with the Registrar of Companies, on April 23, Amazon Seller Services Pvt. Ltd. (ASSPL) raised ₹915 crore against 91,49,57,723 shares and 42,277 shares allotted to, Amazon Corporate Holdings Private Limited and Amazon.com.incs Limited Company respectively. The documents were sourced from Tofler. Since 2013, Amazon Inc. has committed to invest around $6.5 billion in its Indian operations. In the recent past, Amazon has announced the expansion of its operations network in India. It plans to set up 10 new fulfillment centers, 5 new sortation centers, nearly 200 delivery stations, and over 1,00,000 seasonal jobs to help meet customer demand.

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अमेजन ने भारत में अपनी भुगतान इकाई में 225 करोड़ रुपये डाले

अमेजन ने भारत में अपनी भुगतान इकाई में 225 करोड़ रुपये डाले
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Amazon pumps in Rs 225 crore into payments unit in India to compete with Paytm, Google Pay

Amazon pumps in Rs 225 crore into payments unit in India to compete with Paytm, Google Pay The fresh infusion is expected to help the company compete more aggressively against rivals like PhonePe, Google Pay and Paytm PTI | March 12, 2021 | Updated 13:54 IST Amazon has infused over Rs 225 crore into its payments unit in India, Amazon Pay, according to regulatory documents. The fresh infusion is expected to help the company compete more aggressively against rivals like PhonePe, Google Pay and Paytm. The board has approved allotment of 22,50,00000 equity shares.aggregating to Rs 225 crore to the existing shareholder on rights basis , regulatory documents sourced by business intelligence platform Tofler showed.

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