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:
IPL 2025 Awards and Prize Money Breakdown The Indian Premier League (IPL) 2025 season concluded…
The Indian Premier League (IPL) 2025 came to an exciting conclusion on June 3, 2025,…
The Indian Premier League (IPL) has been known for exciting cricket, fierce rivalries, and unforgettable…
From Dungarpur to 99.40%: Nancy’s Journey Is the Bharat We’re Building For — Anil Nagar,…
Cherries are tasty, small fruits loved by people around the world. They can be sweet…
Eid-ul-Adha, also called Bakra Eid or the Festival of Sacrifice, is one of the most…
![](data:image/svg+xml;charset=utf-8,<svg height="200px" width="300px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="34px" width="156px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="218px" width="300px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
