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AMAZON SMBHAV 2024
Recent investments in India from US firms highlight scale of bilateral tech & economic engagementIndia attracted $67.5 billion in U.S. investments, highlighting deepening tech and economic ties. Google will build a $15B AI data center i...- Amazon India crosses $20 billion in seller exports, eyes AI to power its next growth waveAmazon Smbhav is an annual summit that brings together government officials, industry leaders, MSMEs and other stakeholders.
- Amazon completes $200 million cash acquisition of Axio, adds an NBFC licence via dealWhile the company did not disclose the deal size, sources pegged it at around $200 million, with all the existing investors of Axio making ...
- Amazon India enters at-home diagnostics space, expands healthcare verticalAmazon India is broadening its healthcare services by introducing at-home diagnostics, partnering with Orange Health Labs. This service, av...
- Amazon to acquire fintech lending startup Axio in a $200 million all-cash dealAxio announced in a blog post that it had signed an agreement with Amazon for a proposed acquisition in December, following the successful ...
- Zerodha’s Rainmatter invested Rs 275 crore in 2024 across climate, health startups: Nithin KamathRainmatter, backed by Zerodha, invested Rs 275 crore in 47 startups last year, focusing heavily on climate and health sectors. The firm pla...
- Amazon to launch quick commerce deliveries in India amid boom in segmentThis will be Amazon's first global launch of a 15-minute delivery service. Amit Agarwal, who kept the name still under wraps, said the firm...
- Amazon India commits $80 billion in cumulative exports, launches Amazon shipping and freightAmazon India pledged $120 million to support startups focused on domestic manufacturing and brand exports at its Amazon SMBhav 2024 event.
- India to be world’s number one auto industry in five years: Union Minister Nitin GadkariThe minister said that all the big automobile brands in the world are now present in the country and they are working on different technolo...
- Amazon affirms commitment to enabling $80 billion exports from India by 2030In order to fulfil this commitment, the ecommerce giant is collaborating closely with the government, lakhs of Indian small businesses, D2C...
- India’s e-commerce future is bright, inclusive and transformative: Pralhad JoshiPralhad Joshi emphasised the government's commitment to support small businesses and foster consumer trust within the digital marketplace.
- Amazon India exceeds MSME digitisation target, digitises 12 million MSMEsAmazon India credits government support for digital infrastructure and e-commerce export initiatives for this success.
- Amazon Multichannel Fulfilment expands automation capabilities, pay on delivery for sellersAmazon's MCF service simplifies order processing, tracking, and shipping from a single inventory pool, eliminating the need for separate wa...
- Amazon advances quick commerce delivery code named TezAmazon India is gearing up to launch its quick commerce delivery service, codenamed 'Tez,' by late December or early next year. The move wi...
- Amazon launches Smbhav Hackathon 2024 for next-gen tech and AI-powered innovations for small businessesAmazon India has launched the Amazon Smbhav Hackathon 2024 to foster tech and AI-powered innovations for Indian SMBs in e-commerce.
- Consumer-lending fintechs report surging numbers in FY24; slowdown emerging in current fiscalFintech firms in consumer lending such as Navi, Kreditbee, Moneyview, and Fibe reported strong profits and revenue growth in the last finan...
- Piyush Goyal on ecommerce; Centre charges up EV cosUnion commerce minister Piyush Goyal said ecommerce firms are operating in an opaque manner, and that quick commerce platforms need to inte...
- AWS launches Amazon Digital Suite to accelerate digital adoption for SMBs in IndiaSMB spend on public cloud services is expected to contribute more than 29% of the $7.9 billion public cloud services market in India in 202...
- Not e-commerce, Amazon’s India fortunes may lie elsewhereIts e-commerce business hogs the limelight, but the most lucrative opportunity for Amazon may be linked to its cloud computing platform.
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