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.