The e-commerce giant Amazon has launched a $250 million (Rs 1,873 crore) venture fund called “Amazon Smbhav Venture Fund”, to invest in Indian startups and entrepreneurs, with a focus on digitizing SMEs. The launch of the Amazon Smbhav Venture Fund aims to attract the best ideas and empower entrepreneurs in the country to partner in this vision.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The Amazon Smbhav Venture Fund will focus on three key priorities:
As a part of its first investment through the ‘Smbhav’ fund, Amazon invested in Gurugram-based M1xchange which connects SMEs with banks and financiers.
Important takeaways for all competitive exams:
India has achieved remarkable success in space and missile technology, thanks to the efforts of…
The entertainment industry has always captivated audiences, especially through the work of actors who have…
Makar Sankranti is a vibrant and ancient Hindu festival that celebrates the Sun's movement from…
The ICC Champions Trophy, often nicknamed the "Mini World Cup," was introduced by the International…
In India, many cities and districts are known for their unique specialties. One such place…
India is home to some of the busiest cities in the world, where work, culture…