Amazon infuses INR 225 Cr into India payments subsidiary

01:00:00 AM, Sunday 14th of March 2021 | in business

Amazon.com Inc, the parent entity of the US-based ecommerce giant, has infused fresh capital of INR Rs 225 Cr into its India payments subsidiary, Amazon Pay (India) Pvt Ltd, according to regulatory filings with the Registrar of Companies. Most of the fresh capital came to Amazon Pay India through Amazon Corporate Holdings, a Singapore-based parent entity that operates the e-commerce giant’s India businesses.