Amazon Invests Rs 1,237 Crore Into Amazon Seller Services

Amazon has invested Rs 1,237 crore into Amazon Seller Services, which brings the total investment up to Rs 3,000 crore since 2013.

According to earlier reports, Amazon Seller had said that it is raising the money through allotment of equity shares to its US parent company. (source)

With the raised investment, the e-commerce giant plans to expand its network of warehouses and data centres and stay at par with competition.

Recently, Amazon also opened a 55,000-sq ft warehouse in Pune.

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