Amazon Smbhav Venture Fund will back Indian companies developing digitalisation technology for small and medium-sized businesses.
US-headquartered e-commerce and cloud computing group Amazon has launched a $250m fund that will invest in India-based companies, the Economic Times reported yesterday.
Amazon Smbhav Venture Fund will target developers of technology that can help small and medium-sized businesses (SMBs) in industries such as agriculture or healthcare digitalise their technology and launch and manage online businesses.
The vehicle will back farming data technology and anti-waste system developers in the agriculture industry as well as agricultural credit and insurance providers. Telemedicine,…
