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Amazon India infuses additional Rs 220 cr in payments arm

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12.11.2018

Amazon Pay revenues saw a heavy jump this year even as losses grew 88 percent.

Amazon Pay has raised funds from parent Amazon for the second time in a month. The ecommerce giant has put in Rs 220 crore into its payments arm in what is its fourth fund infusion in Amazon Pay this year.

Prior to this, in October, Amazon Pay had raised Rs 590 crore. In July, another Rs 230 crore was pumped in. In March, Pay received Rs 195 crore from Amazon.

Amazon India had earlier revealed in its........

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