Amazon invests â¹220 crore in Indian payments arm Amazon Pay
E-commerce major Amazon has invested â¹220 crore in its Indian digital payments arm, Amazon Pay. The funding comes only a month after Amazon's parent entity invested â¹590 crore in Amazon Pay, according to filings. Amazon, which is competing with Flipkart in India, also invested â¹230 crore in July and â¹195 crore in March into the payments business.