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Amazon announces $250 million fund for SMEs


Amazon announces $250 million fund for SMEs
Amazon announces $250 million fund for SMEs
PTI / Apr 15, 2021, 16:25 IST
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NEW DELHI: E-commerce giant Amazon on Thursday announced a $250 million (around Rs 1,873 crore) fund that will focus on digitising small and medium businesses, and drive innovation in the areas of agri-tech and health-tech.
Small and medium-sized businesses are often the engine and the lifeblood of economies and I think it s true in India as well. And we are very passionate about trying to enable acceleration of SMBs in fueling innovation and the economy in India and so building on what we did last year, I m excited to announce a brand new $250 million Amazon Smbhav Venture Fund, Amazon Web Services CEO Andrew Jassy CEO said. ....

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Amazon Will Start Manufacturing In India, Will Manufacture This Device - अमेजन शुरू करेगी भारत में मैन्युफैक्चरिंग, बनाएगी यह डिवाइस

Startup news and updates: daily roundup (Jan 27, 2021)


Report)
Indian startups are estimated to have received $10.14 billion in funding across more than 1,200 deals in 2020 despite the COVID crisis, a report by consulting firm HexGn said.
Harley Finkelstein, President of Shopify. (Image credit: Harley s Twitter)
Harley Finkelstein, President of Shopify, believes the future of retail is not online or offline or on social media. The future of retail is everywhere, he said, adding that conscious consumerism is here to stay, as the COVID-19 pandemic transformed consumer preferences in a very concrete, permanent way that had not been seen before.
Edited by Tenzin Pema ....

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