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Amazon India signs 2 MoUs with UP govt to digitise local businesses, boost exports

The company announced a number of key initiatives aimed at providing digital access to thousands of small businesses, entrepreneurs, traders, artisans, and weavers in Uttar Pradesh.

Amazon India crosses milestone of 10 lakh sellers on its platform

The e-tailer has also been eyeing the 63 million medium and small and micro enterprises (MSMes) market in India through partnerships and investments

Amazon helps sellers procure oxygen concentrators for Indian customers

Amazon helps sellers procure oxygen concentrators for Indian customers To address the growing customer demand and shortage of critical medical equipment, Amazon India is working with sellers on its marketplace to help them bring in about 9,000 oxygen concentrators for customers in India, it said PTI | May 17, 2021 | Updated 10:05 IST E-commerce major Amazon is working with sellers on its marketplace in India to help them procure about 9,000 oxygen concentrators for customers in the country. The first batch of 1,000 oxygen concentrators have already landed in India, and are now available for purchase for consumers and business customers. The rest are expected to come through in the second half of the month. Sellers on Amazon will now be offering oxygen concentrators along with other genuine and high-quality products like oxymeters, thermometers, masks, gloves, sanitizers and disinfectants for customers across India, Amazon India said in a blogpost.

Amazon India plans to help SMBs by waiving off fees paid by sellers amid COVID-19

Amazon India has over 8.5 lakh sellers on its platform. The company said it is also taking steps across the board to mitigate any negative impact on sellers performance metrics due to defaults caused by the pandemic and the resulting restrictions, on the sellers account health. The record number of COVID-19 cases daily in the second wave has stretched the healthcare infrastructure of the country. Amazon India on Saturday announced a slew of measures, including waiver in various fees paid by sellers, to help small and medium businesses amid the deadly second wave of the COVID pandemic. The e-commerce major said it is waiving 50 percent of the sell-on-amazon or referral fee from May 1-31 for a section of sellers and will reimburse storage fees and long-term storage fees charged for keeping sellers products at its warehouses for merchants based out of non-serviceable pin codes.

Amazon India: Enforcement Directorate seeks details of Amazon India operations

We ll soon meet in your inbox. Please wait. Amazon has for several years been under investigation by the agency for possible violation of foreign investment rules. Such probes typically take years in India, and in most cases details are not made public. The Reuters special report was based on internal Amazon documents dated between 2012 and 2019. It provided an inside look at the cat-and-mouse game Amazon has played with India s government, adjusting its corporate structures each time the government imposed new restrictions aimed at protecting small traders. On Friday, the senior Enforcement Directorate source told Reuters obviously we have sought information from Amazon.

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