Amazon Pay India Bets Big in Digital Payment Business With ₹700 Crore Fund Infusion

Amazon Pay, the financial wing of E-commerce major Amazon, received an additional investment of ₹700 crore. The funding was made by the company’s Singapore and Mauritius-based entities Amazon Corporate Holdings Pvt Ltd and Amazon.com. Inc Ltd. With the latest infusion, Amazon Pay India has raised ₹5055 crore since its inspection in 2016.

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