Ecommerce giant Amazon recently announced that it is launching its food delivery services in India starting with Bengaluru. The recent development from Amazon comes just days after top local players Swiggy and Zomato reduce their workforce to tide over the coronavirus pandemic crisis. According to an Economic Times report, the firm had been planning to…
Tag: Amazon India investment
Amazon to pump in Rs284 cr into its food retail unit in India
by
•Amazon, one of the world’s largest online retailers, announced it has pumped in Rs 284 crore in Amazon Retail, the unit which sells grocery and food items on the India marketplace, according to regulatory documents sourced from business intelligence platform Tofler. The current funding is a result of rising demand for grocery and food items…