Ecommerce main Amazon has invested Rs 375 crore in its Indian logistics arm Amazon Transportation Services, based on filings sourced from Tofler.
The funding comes at a time when Amazon is focussing on bringing extra native sellers to its market. Amazon India nation supervisor
Amazon India at the moment has 1.1 million sellers on its platform. Its complete consumer base is greater than 100 million.
Last month, Amazon launched Smart Commerce, an initiative that may assist offline shops arrange their very own digital storefronts, in addition to promoting on its India market. This is just like what Canada-based Shopify does. Amazon will allow these shops to promote on its market and different platforms.
Through Smart Commerce, Amazon stated shops of any measurement can now faucet Amazon’s experience in buying, logistics, digital funds, and different areas to serve their customers higher, each digitally and in bodily shops.