Amazon invests â¹130 crore in its India payments arm
Amazon has invested â¹130 crore into its payments entity, Amazon Pay India, as it looks to expand its operations in India. The global retail giant has already pumped in over $310 million (over â¹2,000 crore) in India in the last two months. Notably, Amazon Founder Jeff Bezos had committed investments of $5 billion (over â¹32,000 crore) into the Indian market.