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Amazon announces $250 million fund for small, medium businesses in India

Amazon has announced a USD 250 million fund that will focus on digitising small and medium businesses in India.

Amazon India Global SVP and Country Head India Amit Agarwal said the fund is targeted at empowering the best ideas and attracting entrepreneurs.

The e-commerce major is partnering with government organisations, including TRIFED and NEHHDC, to engage, skill and digitally enable artisan and weaver communities across the region.



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