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Amazon has infused INR 350 Cr into its digital payments arm Amazon Pay India
It issued 35 Cr equity shares at INR 10 apiece to Amazon Corporate Holdings Private Limited and Amazon.com
Amazon Pay was at the 8th position with a total of 111.06 Mn transactions recorded in the month of March,
Ecommerce giant Amazon has infused INR 350 Cr into its digital payments arm Amazon Pay India as it looks to scale up its presence in the country’s UPI market.
According to the MCA…
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Amazon has infused INR 350 Cr into its digital payments arm Amazon Pay India
It issued 35 Cr equity shares at INR 10 apiece to Amazon Corporate Holdings Private Limited and Amazon.com
Amazon Pay was at the 8th position with a total of 111.06 Mn transactions recorded in the month of March,
Ecommerce giant Amazon has infused INR 350 Cr into its digital payments arm Amazon Pay India as it looks to scale up its presence in the country’s UPI market.
According to the MCA…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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