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Amazon infuses Rs 225 crore into Amazon Pay India

Amazon infuses Rs 225 crore into Amazon Pay India March 12, 2021 Amazon.com Inc. has pumped in Rs 225 crore worth of equity funding into Amazon Pay (India) Pvt Ltd, the e-commerce giant’s digital payments arm in India, according to regulatory disclosures. Amazon had previously infused Rs 700 crore worth of equity capital into Amazon Pay in October 2020 and around Rs 1,355 crore in January last year. According to regulatory filings with the Ministry of Corporate Affairs (MCA), accessed by MediaNama, Amazon Corporate Holdings Pvt Ltd (Singapore) has invested Rs 224.9 crore, while Amazon.com Inc (Mauritius) has invested Rs 2.24 lakh as part of this equity infusion. In October last year, Amazon Pay India increased its authorised share capital to $2.2 billion from $820 million

Vikas birthireAxis bankDigital lenders association of indiaNational payments corporation of indiaMinistry of corporate affairsAmazon corporate holdings pvt ltd singaporeInc mauritiusNational stock exchangeAmazon pay india pvt ltdAmazon payPvt ltdCorporate affairsAmazon corporate holdings pvt ltdAmazon pay indiaUnified payments interfaceDigital lenders association

Inside India s expanding digital commerce landscape

Inside India’s expanding digital commerce landscape Amidst the dominance of Flipkart and Amazon, the D2C market in India exploded last year, with hundreds of new brands, products, and business models expanding the overall digital commerce pie. 0 claps Share on India aims to become a $5 trillion economy by 2025, but this goal wouldn’t be attainable without the growth of digital commerce, which includes ecommerce, and newer offshoots like D2C commerce and social commerce. Amidst the dominance of Flipkart and Amazon, the D2C market in India exploded last year, with hundreds of new brands, products, and business models expanding the overall digital commerce pie.

Sourabh guptaVikas gargElon muskArun venkatachalamVijay shekhar sharmaTata groupMountain instituteBloomberg billionairesNew umbrella entityRocky mountain instituteIndian startupAmazon incVernacular aiD2c retail channelசோஉறப் குப்தாவிகாஸ் கார்க்

Inside India s expanding digital commerce landscape

Inside India s expanding digital commerce landscape
yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.

Sourabh guptaVikas gargElon muskArun venkatachalamVijay shekhar sharmaTata groupMountain instituteBloomberg billionairesNew umbrella entityRocky mountain instituteசோஉறப் குப்தாவிகாஸ் கார்க்அருண் வெங்கடச்சலம்விஜய் சேகர் ஷர்மாடாடா குழுமலை நிறுவனம்

Paytm betting big on cross-border payments, GST as new growth frontiers

Paytm betting big on cross-border payments, GST as new growth frontiers
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.

Vijay shekhar sharmaCommunications ltdServices taxIndusind bankNational payments corporation of indiaNew umbrella entityOla moneyNational payments corporationPaytm postpaidவிஜய் சேகர் ஷர்மாதகவல்தொடர்புகள் லிமிடெட்சேவைகள் வரிஇந்துசின்த் வங்கிதேசிய கொடுப்பனவுகள் நிறுவனம் ஆஃப் இந்தியாபுதியது குடை நிறுவனம்ஓல பணம்

Startup news and updates: daily roundup (March 10, 2021)

YourStory presents this daily roundup of the latest startup news and updates from the Indian startup ecosystem and beyond. Here's the roundup for Wednesday, March 10, 2021.

Tamil naduGuruprasad mohapatraUdupi ramachandra raoVijay shekhar sharmaIndian space research organisationDepartment for promotion of industryServices taxNew umbrella entityCalvert impact capitalNorthern arc capitalExternal commercial borrowingInternal tradeCognirel technologiesSatellite man udupi ramachandra raoFunding newsDaily roundup startup news