Amazon invests â¹590 crore in Indian payments arm Amazon Pay
E-commerce major Amazon has invested â¹590 crore in its Indian digital payments arm, Amazon Pay. Filings have revealed that the capital was sourced from the US-based parent Amazon.com and Singapore-based Amazon Corporate Holdings. It comes two months after Amazon invested â¹230 crore in the payments arm and also infused â¹195 crore into the business in March this year.