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We'll soon meet in your inbox. Please wait... Through three programmes, the company is looking to grow its merchant base, bringing offline stores online and also partnering with entrepreneurs to open omnichannel retail stores. “The team at Grofers is in a unique position to not only help local businesses adapt to the current situation but also be ready for a future which is going to be online and technology-led,” Albinder Dhindsa, founder and CEO of Grofers, said in an email. Each of these platforms is trying to woo merchants by promising them ecosystem benefits and technology to make the...

THE STANDARD BUSINESS NEWS E-commerce major Amazon has announced a $250 million (Ksh27b) fund -- Amazon Smbhav Venture Fund -- to invest in startups and entrepreneurs focusing on technology innovations in SMB digitisation, agriculture and healthcare. The fund was announced in the opening session of Amazon India's flagship event Smbhav.  The company said that the venture fund will invest in technology-led startups that are passionate about unlocking the possibilities of a digital India. The fund will specifically focus on encouraging the best ideas to digitise SMBs (small & medium businesses...

AWS launches Amazon Digital Suite for small business in India SECTIONS Share Synopsis 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...

Amazon Launches $250 Million Smbhav Venture Fund To Support Small Businesses In India by Swarajya Staff - Apr 16, 2021 09:23 AM Boost for small businesses. Snapshot The $250 million ‘Smbhav venture fund’ will invest in startups that are focusing on tech innovations. E-commerce major Amazon India has announced a $250 million ‘Smbhav venture fund’ to invest in startups, focusing on tech innovations made by small and medium-sized enterprises (SMEs) in the country. The fund will also drive technology-led innovations in the domains of agriculture and healthcare to provide univ...

Updated Apr 15, 2021 | 16:11 IST Amazon has announced a $250 million fund for small and medium businesses in India. CEO Andy Jassy also said the company will add over 1 million local kirana stores to its platform by 2025 Incoming Amazon CEO Andy Jassy  |  Photo Credit: AP Amazon India on Thursday announced a $250 million Amazon 'Smbhav Venture Fund' to invest in startups and entrepreneurs focusing on technology innovations in small & medium businesses (SMBs) digitization, agriculture and healthcare. The venture fund will invest in technology-led startups ...