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Amazon trims India losses as units' revenue rises 30%

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Amazon trims India losses as units' revenue rises 30%

E-commerce giant Amazon India reported a 30% increase in revenue at its five units—marketplace, ...

Amazon infuses Rs 1000 cr in payments unit Amazon Pay

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Amazon infuses Rs 1000 cr in payments unit Amazon Pay

Amazon Pay, the digital payments and financial services unit of Amazon India, has raised close to Rs...

Amazon Pay raises $30 mn in funding from parent

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Amazon Pay raises $30 mn in funding from parent

Weeks after Amazon’s reported push to set up a New Umbrella Entity (NUE) with ICICI Bank, Axis ...

Amazon injects $95.5 mn into India payments unit ahead of festive season

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Amazon injects $95.5 mn into India payments unit ahead of festive season

Amazon.com Inc has invested 7 billion rupees ($95.51 million) in its Indian payments unit, ahead of ...

Sequoia-backed Tapzo to wind up operations next month

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Sequoia-backed Tapzo to wind up operations next month

Personal assistant platform Tapzo, which was recently in the news for a potential acquisition by ...

Fullerton out of PNB Housing race; Amazon Pay may buy Tapzo

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Fullerton out of PNB Housing race; Amazon Pay may buy Tapzo

Fullerton Financial, owned by Singapore state investment firm Temasek, has pulled out of the race to...

Amazon India integrates UPI into its mobile interfaces

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Amazon India integrates UPI into its mobile interfaces

Online retailer Amazon.com, Inc.'s India arm said it has integrated into its mobile interfaces a ...

Reload Amazon Pay wallet with cash at your doorstep

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Reload Amazon Pay wallet with cash at your doorstep

Jeff Bezos-led Amazon.com Inc.’s Indian arm Friday said it has launched doorstep services to allow...

Flashback 2017: Large fundraises dominate e-commerce in India

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Flashback 2017: Large fundraises dominate e-commerce in India

Big-ticket funding deals and a failed merger dominated headlines for Indian e-commerce this year....

PayPal sets up shop in India, launches domestic payments biz

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PayPal sets up shop in India, launches domestic payments biz

Digital payments company PayPal Holdings, Inc. has launched its domestic operations in India, it ...