Amazon India Plans ₹2,800 Cr Investment To Scale Quick Commerce Operations

by · Inc42

SUMMARY

  • Amazon India has announced plans to invest ₹2,800 Cr (around $300 Mn) to expand its quick commerce vertical Amazon Now and strengthen its logistics network
  • In a blog post, Abhinav Singh, VP of operations, India and Australia, Amazon said that a part of the chunk of the capital infusion would help Amazon double its presence in the quick commerce segment
  • The company is also doubling down on enhancing workplace safety, health infrastructure, and financial security for employees and delivery associates