Amazon invests Rs 1,660 crore in India arm as competition rises in e-commerce space

BENGALURU: Amazon has infused Rs 1,660 crore into its India entity and this is the second time that the company has invested money in the last few months. Earlier in February, Amazon Seller Services said its US parent pumped in Rs 830 crore into the company. The investment comes at a time when Walmart has invested about $600 million in Flipkart.