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Amazon invests ₹100 crore in India wholesale arm
short by Pragya Swastik / on Monday, 22 May, 2017
Amazon Wholesale India, the business-to-business wholesale marketplace that operates Amazon Business, has received funding worth ₹100 crore from Amazon Inc and Amazon Corporate Holdings. The company received the funds through a board resolution passed in December last year. Amazon Wholesale India was incorporated in 2013, the same year in which Amazon made its e-commerce foray into India.
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